Mervyn King

“Bank of England governor (BoE) Mervyn King, who last Wednesday knocked an impressive 100 points off the FTSE”

“the official CPI measure remains more than one percentage point above the 2% target.”

“he expected inflation to be higher in the coming months than previously forecast, but insisted that it would slow to below the 2% target before the end of the year.”

“Bank of England governor (BoE) Mervyn King, who last Wednesday knocked an impressive 100 points off the FTSE, after he forecast a “long bottom” in his Inflation Report.”