Published Date:
15 February 2009
INFLATION is tipped to fall a further 1.1% to 2.6% this week when the Bank of England unveils the latest Consumer Prices Index.
The Bank's governor Mervyn King is expected to reveal further recession-busting measures after he hinted that he is poised to deploy tools such as quantitative easing, the modern equivalent of printing money, to limit the depth of the downturn.
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Last Updated:
14 February 2009 12:46 PM
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Source:
Scotland On Sunday
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Location:
Scotland
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Related Topics:
Inflation
,
Economic indicators
