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Feb 10: Bank forecasts inflation above 3%

The Bank of England expects inflation to jump well above 3 per cent in 2010, but thinks that it will fall back well below target over the next couple of years, according to its quarterly inflation report. Chris Giles, economics editor, talks to Daniel Garrahan about whether we should still be concerned about a double dip recession and if there is more quantitative easing on the horizon.