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The Bank of England has failed to achieve the 2% inflation rate and its forecasting has been ill-judged. However, its stance on interest rates is entirely justified given the parlous state of the UK’s domestic economy

Dolphin, Tony (2011) The Bank of England has failed to achieve the 2% inflation rate and its forecasting has been ill-judged. However, its stance on interest rates is entirely justified given the parlous state of the UK’s domestic economy. British Politics and Policy at LSE (14 Jul 2011) Blog Entry.

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Abstract

With inflation exceeding the official Bank of England target for the eighteenth month in a row, Tony Dolphin considers the reasons for the Bank’s failure and examines the implications for interest rates.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2011 the author
Library of Congress subject classification: H Social Sciences > HG Finance
Sets: Collections > British Politics and Policy at LSE
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 26 Aug 2011 14:00
URL: http://eprints.lse.ac.uk/38051/

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