BOE Stimulus Dilemma Persists as Inflation Seen Higher in 2013

BOE Stimulus Dilemma Persists as Inflation Seen Higher in 2013

Simon Dawson/Bloomberg

A pedestrian passes a giant poster advertising "fresh" fruit outside a Tesco Plc supermarket in the borough of Kensington in London. “Weak growth and stagnation is the picture we’re likely to face for a while, and inflation remains above target,” said Rob Wood, an economist at Berenberg Bank in London.