Bank of England's Forbes: GBP appreciation drove up living cost via ForexLive

Bank of England's Forbes:

• GBP appreciation drove up living cost
• Says 1.5% inflation may hide stronger pressures
• Need to focus on prospective inflation measures
• Domestic inflation weaker than I expected

Comments from Professor Kristin Forbes, who is a member of the Monetary Policy Committee of the Bank of England. Interview in the UK press – The Independent.

posted via ForexLive