U.K. annual consumer price inflation rose sharply in January to 3.5%, prompting BOE head Mervyn King to write a letter to the Treasury explaining why it is now more than one full percentage point above the 2% target rate.
WSJ.com: What's News US, Wall Street Journal
Tue, 02/16/2010 - 3:21am
U.K. annual consumer price inflation rose sharply in January to 3.5%, prompting BOE head Mervyn King to write a letter to the Treasury explaining why it is now more than one full percentage point above the 2% target rate.