The Bank of England (BoE) has upgraded its forecast for inflation in 2017 from 2.4% to 2.7%, while it is projecting slightly slower GDP growth of 1.9%.
In its latest Inflation Report, the central bank has upped is projections for CPI in 2017, after inflation jumped above its target to 2.3% in February and March. However, it is projecting a drop to...
European Commission relents to pressure
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