Speech by Eddie George, Bank of England Governor

SPEECH - In the speech made Tuesday evening George said an unexpected jump in the UK's January inflation rate was probably "erratic" and forecast it would be around the Bank's 2.5 percent target in two year's time.

Speech by the Governor of the Bank of England Sir Edward George at the EEF Biennial Dinner, London on 12 February.

Let me open my defence by trying to explain to you what we at the Bank - through the MPC - are tasked to do, and why.

The task sounds straightforward. It is to set short

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