MPC minutes reveal members split on inflation expectations
UK inflation is likely to remain below target for longer, but some members of the Monetary Policy Committee (MPC) see possible risk factors that could cause it to overshoot its 2% target in the coming year.
Inflation in the UK fell to a surprise 12-year low of 1% in November, below economists' expected figure of 1.2%. In the latest MPC meeting minutes, the Bank of England said: "In the near term, CPI inflation...
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