Bank of England governor Mark Carney has said he is willing to allow inflation to overshoot its 2% target, in order to boost economic growth and reduce unemployment.
Speaking at public roundtable in Nottingham, Carney (pictured) said he could let inflation go above its 2% target, which could happen as early as 2017. UK CPI inflation currently stands at 0.6%, according...
First downgrade since 1989
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Alleged fraud occurred between 2011 and 2017