Let''s get a 3. handle on this and see how the monetarists react. They have to start raising and asset reductions sooner or later, but these 2. handles on their "inflation!" have not been enough to lead them to significant action so far.
UK inflation measured by Consumer Price Index rose to 2.9% in August, up from 2.6% in July, figures show https://t.co/gEgNb3BF4B
— BBC Breaking News (@BBCBreaking) September 12, 2017
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