BoE's Mann: Ahead-looking indicators elevating the chance of inflation persistence
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- Ahead-looking worth and wage indicators have been flat and above goal for 4 months, elevating the chance of inflation persistence.
- Monetary markets’ inflation expectations recommend the BoE won’t get to a sustainable 2% inflation within the forecast horizon.
- Dangers to inflation are virtually all upside.
This text was written by Giuseppe Dellamotta at www.ubaidahsan.com.
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