Mark Carney
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Mark Carney: Inflation could turn negative in spring

Inflation in the UK could temporarily turn negative in the spring because of falling oil prices, the governor of the Bank of England has said.

Launching the Bank's inflation report, Mark Carney added that prices were likely to rebound around the turn of the year, so this did not mean the economy had entered deflation.

  • 12 Feb 2015
  • From the section UK
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