Links: 2013-05-18

BoE policymaker Martin Weale douses hopes of monetary stimulus when Mark Carney arrives - Telegraph
"Martin Weale, a member of the rate-setting Monetary Policy Committee, warned that more stimulus risked a damaging surge in inflation because price rises have already been higher than the Bank's 2pc target for most of the past four years. The persistent overshoot, he said, “is a constraint on my freedom of action”.“Failure to damp sufficiently any new shock pushing up on inflation would result in...


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