Business & Finance
BoE's Posen sees UK inflation down by summer 2012
LONDON : Bank of England policymaker Adam Posen said on Sunday he expected Britain 's inflation rate to peak soon and
LONDON: Bank of England policymaker Adam Posen said on Sunday he expected Britain's inflation rate to peak soon and come down by the summer of 2012.
"I've been saying since ... last year that it would peak some time, and fall, this year, and I've been saying it would come down by summer of 2012, and we're on track for that," Posen told Sky News.
Copyright Reuters, 2011
Comments
Comments are closed.