WARSAW Oct 14 Bank of England interest-rate
setter Kristin Forbes said on Friday inflation in Britain could
"sharply" overshoot the BoE's 2 percent target over the next two
years due the central bank's stimulus measures and momentum in
the economy earlier this year.
"It does look the days of inflation bouncing around zero are
long gone," Forbes told a conference organised by Poland's
central bank. "Inflation is already picking up. It will pick up
even faster and we are likely to overshoot our 2 percent
inflation target perhaps sharply in the next two years."
(Reporting by Marcin Geottig in Warsaw, writing by William
Schomberg in London)