Inflation may hit 5%, but we couldn’t have done it different: King


The Bank of England expects annual inflation in the UK to climb up to 5% this year, its quarterly Inflation Report, published on Wednesday, showed.

The path for annual inflation, which was on Tuesday revealed to be 4% in January – 0.3 percentage points higher than in December and double the Bank's target – had a "markedly higher" profile compared to its November projections, the Bank acknowledged. The central bank projected a sharper spike in 2011 – while the central band of its forecast range i

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: