17 January 2001, 12:12 BOE'S GEORGE: MPC TO REACT 'PROMPTLY' IF PROSPECTS CHANGE
BOE'S GEORGE: MPC TO REACT 'PROMPTLY' IF PROSPECTS CHANGE
Bank of England Governor Edward George said he would be surprised if
events since the November Inflation Report have radically altered the
prospect of steady economic progress over the next two years, but
cautioned that the MPC will be quick to react should such prospects
change significantly over the coming months.
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