In its inflation report, the Bank of England looks ahead two years and sees inflation slowing...


In its inflation report, the Bank of England looks ahead two years and sees inflation slowing below its 2% target and GDP at 2.6%. U.K. growth prospects are "unusually uncertain," with the eurozone debt crisis posing the biggest risk. 2012 growth forecast lowered to 0.8% from 1.2%. Pound -0.54% vs. USD.

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