http://forex.fxdd.com/taxonomy/term/1065/%252F%2A The taxonomy view with a depth of 0. en http://forex.fxdd.com/trading-news/4056/forex-trading-news%3A-sterling-takes-drop-boe-inflation-report <p>Highlights from the Bank of England Inflation Report:</p> <ul> <li>Sees CPI overshoot if rate reaches 4.5%</li> <li>Energy and import prices will push CPI up sharply</li> <li>Economic uncertainty may lead banks to curb lending</li> <li>Growth risks on the downside, CPI upside</li> <li>CPI may peak at 3.8%</li> <li>CPI will overshoot 2% target in 2 years</li> </ul> <p>BOE Governor King follows:</p> <ul> <li> <div align="left">Rebalancing UK economy will be supported by fall in FX rates and cutting CPI to quickly can hurt the economy</div> </li> <li> <div align="left">Economy is on bumpy road </div> </li> <li> <div align="left">Inflation will return to target and growth will recover but needs to be patient</div> </li> </ul> http://forex.fxdd.com/trading-news/4056/forex-trading-news%3A-sterling-takes-drop-boe-inflation-report#comments Inflation Report Wed, 14 May 2008 05:38:54 -0400 Mr. Danish FX 4056 at http://forex.fxdd.com