• Busting Uber myths

    The ehailing firm is constantly trying, succeeding - and sometimes failing, says Ian Mann.

  • Trapped in a democracy

    The very people elected to bring benefits to all are undermining SA, says Solly Moeng.

  • Marikana spectre

    Five years after the bloody massacre calls for justice are growing louder, says Terry Bell.


UK inflation seen above 2% for first time since '13

Mar 20 2017 11:02
Bloomberg: Lucy Meakin

London - Mark Carney is set to see inflation above the Bank of England’s (BoE) 2% target for the first time since the year he became governor, data to be published on Tuesday will show.

Consumer prices rose 2.1% in February, according to a Bloomberg survey of 32 economists, fueled by the pound’s slump and higher energy prices.

While the BOE has said it can, within limits, tolerate inflation above its goal, policy maker Kristin Forbes last week voted for an interest-rate increase and some others indicated they may not be far behind her.

above level

Read Fin24's top stories trending on Twitter:

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

boe  |  uk  |  inflation  |  economy



Company Snapshot

We're Talking About...

Savings Month

It's never too late to start saving. Visit our special issue and add your voice.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The proposal to nationalise SARB will

Previous results · Suggest a vote