Bank of England sees flat output, above-target inflation in 2013

The economy is likely to remain broadly flat in the near term but inflation would probably exceed 2 percent in the next year or so, minutes to the BoE’s December 5-6 meeting showed on Wednesday. The Monetary Policy Committee’s decision this month to keep its main interest rate at a record-low 0….

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Bank of England sees flat output, above-target inflation in 2013 – minutes

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