BOE's Bailey: There is evidence some retailers are overcharging customers

<ul><li>Moves by regulators on retail prices will help to lower inflation</li></ul><p>Well, he better be praying really hard that he is right on this one. Because now with markets now looking at 6% rates and growing stagflation risks, the BOE isn't exactly in a comfortable spot at the moment.</p>

This article was written by Justin Low at www.forexlive.com.