The U.K. is set to reach its target level of 2% inflation earlier than expected, Bank of England governor Andrew Bailey has told CNBC. The central bank left interest rates unchanged at 3.75% on Thursday, in a widely anticipated move, though its nine-member Monetary Policy Committee (MPC) was split 5-4 over the decision. Speaking with CNBC's Ritika Gupta following the announcement, Bailey said the MPC expected inflation to reach 2% — the BoE's target level — by the spring, sooner than

Tag-uri: Inflatie