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Inflation, Inflation, Inflation - speech by Spencer Dale
In remarks made at the Cardiff Business School, Spencer Dale - member of the Monetary Policy Committee and Chief Economist - says he makes "...no apology for focussing on inflation...our future prosperity will depend on our maintaining an environment of low and stable inflation".
Published on
22 September 2010
He explores several questions: what factors have caused inflation to be above the 2% target for much of the past four years; why inflation was higher than expected for much of this period; and how should policy respond?