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UK set for a period of deflation

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
Mark Carney, the Governor of the Bank of England, has this week been very vocal in his view that the UK rate of inflation will remain at around zero for the rest of 2015 and could dip into negative territory. In a traditional economic environment any move into a deflationary period would instil fear into [...]

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