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Europe Weekly

UK Inflation and QE2; Italy's Jobless Recovery?

The UK: Inflation and QE2

By Parul Walia

The Bank of England (BoE) revised up its near-term inflation forecast in the November Inflation Report (IR)—the center point was moved to a peak of 3.5% y/y in Q1 from the around 3% y/y  reported in the August IR. However, the BoE’s medium-term inflation forecast changed little from the August[...]

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