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BOE’s Carney notifies subtle but notable change in inflation trajectory

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 5, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The Bank of England governor Mark Carney, while addressing a question at the QIR press conference, acknowledged the possibility of a further delay in reaching inflation target.

    Carney said the return to 2% inflation may happen around 2 years time instead of within 2 years as previously expected. Carney termed this shift in outlook as “subtle, but notable”.

    He further added that MPC does not have a preference for inflation overshoot.
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