Forex Trading News - UK Inflation Letter
Written June 17, 2008 at 5:44 AM EST by Greg Michalowski
The highlights from the UK Inflation Letter are as follows:
- Rate path to meet inflation target is uncertain.
- Inflation rate may accelerate above 4%
- Risk exists that the economic slowdown is so sharp that inflation falls to undershoot the target rate.
- Inflation should peak at the end of 2008.
- Inflation to remain "markedly" above target in 2009.
- Economy must slow to bring inflation back to the 2% target.
Categories: Forex News |
Loading ...
No Responses to “Forex Trading News - UK Inflation Letter”
Add a comment