Unthinkable that Bank should expect otherwise

LETTER - Sir, While esteeming the Bank of England's quarterly inflation report as "an impressive showcase for the Bank's latest thinking", Observer finds that "it can be a bit samey: the Bank predicts that inflation will be at or close to its target with a regularity verging on monotony" ("The Old Lady blooms", 20 May).

Letter published in the Financial Times, 24 May.

But could Observer, or anybody else, expect anything different? For the Bank to be seen to be expecting to miss its inflation ta

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: