May 13th, 2009 - 02:19 GMT Pound Sunk As BoE Sees Inflation Below Target Until 2012 As Tight Credit Markets To Slow Economic Recovery The pound sunk over a 150 pips to below 1.5160 by the dour BoE quarterly inflation report, as the central bank painted a dismal picture of tight credit markets and depressed prices until 2012. Indeed, Read more
