BoE's Wadhwani sees UK inflation below 2.5% target

UK - Bank of England monetary policy committee member Sushil Wadhwani said he expects UK inflation to stay below the 2.5 pct official target over the next two years.

In his speech to the Edinburgh University Economics Society, Wadhwani said his, "personal inflation projection is lower than the best collective projection published in the November inflation report."

The central projection in the Inflation report published on 14 November sees RPI-X falling to around 2 pct early next year before ri

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