Showing posts with label UK interest rates. Show all posts
Showing posts with label UK interest rates. Show all posts

Wednesday, May 20, 2015

UK inflation negative for first time since 1960; BoE says temporary

Britain's annual rate of consumer price inflation fell below zero for the first time in more than half a century, official figures showed on Tuesday, though Bank of England Governor Mark Carney said the dip was likely to be brief.