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Home | Bank of England faces rate dilemma

Bank of England faces rate dilemma

  • March 04, 2011
  • Charles Bean, MPC member and deputy governor for Monetary Policy, has made a speech discussing the causes of high inflation, whether it will persist and the appropriate monetary policy for the United Kingdom. Bean has attributed the substantially higher than expected level of inflation to three primary causes: strong global pressure on commodity prices, sterling’s [...]

  • Read more at:http://www.bankingtimes.co.uk/2011/03/04/bank-of-england-faces-rate-dilemma/
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