Our commitment to the 2% inflation target is unwavering.It is good we have a diversity of views on MPC.We will use scenarios as vehicles for exploring risks around the baseline and accomodating differences of views on the committee.The latest choice of BoE scenarios does not mean inflation risk skewed in one direction.We are on course to put inflation surge firmly behind us.Global economic environment is likely to continue to be challenging and less predictable that it was in the past. This article was written by Giuseppe Dellamotta at www.forexlive.com.
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