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The outlook for UK inflation has "deteriorated markedly", the Bank of England governor Mervyn King has said.http://news.bbc.co.uk/2/hi/business/7400074.stm
Government figures on Tuesday showed that the rate of consumer inflation reached its highest level in 13 months driven by high food and fuel costs.
Mr King said inflation would probably stay above the government target of 2% for two years, hampering the economy.
He added that house prices were set to fall further, though no one could be certain how far they would decline.
Deuteronomy 6: 5-6
And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might.
And these words, which I command thee this day, shall be in thine heart: