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No picnic at the Bank of England.

Publication: The International Economy
Publication Date: 22-JUN-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: No picnic at the Bank of England.(Off the News)(growth in rate of inflation)(Brief article)

Article Excerpt
While Federal Reserve and European Central Bank officials have their frustrations in confronting rising inflationary expectations, the difficulty of their jobs pales in comparison to the task ahead for the Bank of England. That is because of the lag effect of the United Kingdom's official measurement of inflation. In...

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