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.
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.
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