The Bank of England has failed to achieve the 2% inflation rate and its forecasting has been ill-judged. However, its stance on interest rates is entirely justified given the parlous state of the UK’s domestic economy
Dolphin, T.
(2011).
The Bank of England has failed to achieve the 2% inflation rate and its forecasting has been ill-judged. However, its stance on interest rates is entirely justified given the parlous state of the UK’s domestic economy.
With inflation exceeding the official Bank of England target for the eighteenth month in a row, Tony Dolphin considers the reasons for the Bank’s failure and examines the implications for interest rates.
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2011 the author |
| Departments | LSE |
| Date Deposited | 26 Aug 2011 |
| URI | https://researchonline.lse.ac.uk/id/eprint/38051 |