Burbuja Económica - Ver Mensaje Individual

>> 47 << · #41 (**permalink**) 05-14-2008, 02:54 PM

Enlace y video
http://news.bbc.co.uk/1/hi/business/7400074.stm

Cita:

Government figures on Tuesday showed that the rate of consumer inflation reached its highest level in 13 months driven by high food and fuel costs.

Mr King said inflation would probably stay above the government target of 2% for two years, hampering the economy.

He added that house prices were set to fall further, though no one could be certain how far they would decline.

Mr King also spoke of the difficult balancing act the Bank had in juggling a slowing economy and accelerating inflation.

"The balancing act faced by the Monetary Policy Committee (MPC) is even more challenging than it was in February," he said as the Bank presented its latest quarterly inflation report.

...

Mr King said that external factors, such as high food and fuel prices, and problems in the global financial markets and the subsequent credit crunch, were hitting the UK and would have a noticeable impact on the economy.

"The central projection is for growth to slow sharply in the near term," he said.

Cita:

Mervyn King, Governor of the Bank of England, warned today that inflation could top 4 per cent this year as the economy grinds to a halt.
http://business.timesonline.co.uk/to...cle3930094.ece

The gloomy forecast comes just a day after official figures revealed that inflation rose at the fastest pace in nearly six years last month on the back of soaring fuel prices.

Inflation on the Consumer Prices Index (CPI) jumped by 0.5 per cent in April, taking the annual rate of inflation to 3 per cent, well above the Bank of England target of 2 per cent.

The Bank's Monetary Policy Committee would have seen the quarterly inflation report as well as yesterday's inflation figures before making its decision to hold rates at 5 per cent last week.

Today's depressing forecast is likely to further dent hopes of a rate cut next month. Economists now forecast that the bank rate may remain at 5 per cent for the rest of the year.

In its latest quarterly inflation report, the Bank said that if interest rates were cut this year there was less of a risk that economic growth would fall sharply.