The primacy of the inflation target meant the bank's financial-stability wing became a backwater, a trend that accelerated after Sir Mervyn succeeded George as governor in 2003.
通胀目标压倒一切,这意味着银行的金融稳定部门被边缘化,而且在2003年默文爵士接任乔治成为行长后,边缘化的速度日益加快。
Even as growth accelerated, a surplus supply of workers kept wages down and inflation low.
在经济增长加快的同时,劳动力的过剩供给遏制了工资的上涨,并使通胀保持在低水平。
Inflation accelerated to a 28-month high of 5.1 percent in November.
去年11月通胀加快至5.1%为28个月新高。
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