Wadhwani - Inflation forecasts overestimate threat

UK - Reaching for an analogy to explain what the Bank of England's monetary policy committee has got wrong, Sushil Wadhwani turns to the wisdom of one of the cricketing legends: Geoff Boycott in an interview with the Financial Times.

The great Yorkshire cricketer used to say that if you bowl straight, you might hit the stumps. As Mr Wadhwani takes his leave from the Bank of England, his elegant wood-panelled office full of packing crates, he argues there is a lesson here that the MPC might use

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