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Old 08-11-2010, 10:41 AM
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Post Bank of England to publish inflation and growth forecasts

The Bank of England is today scheduled to publish its quarterly inflation report and is expected to raise its inflation forecast but lower its economic growth prediction. The Bank’s Governor, Mervyn King, is expected to highlight that the decision to hike VAT to 20% next year will undoubtedly keep inflation higher. In its last quarterly [...]

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