THE governor of the Bank of England, Mr Eddie George, hinted yesterday he may have disapproved of a cut in British interest rates last month, saying the move made it less likely inflation targets would be met in two years. Speaking to a parliamentary committee, he added that inflation would probably be higher in 1998 than the Chancellor of the Exchequer, Mr Kenneth Clarke's official forecasts suggested.
Caution on interest rates
THE governor of the Bank of England, Mr Eddie George, hinted yesterday he may have disapproved of a cut in British interest rates…
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