ECONOMICS COMMENTARY
Feb 18, 2014
Inflation drops below Bank of England target for first time since 2009
A drop in UK inflation to the lowest since November 2009 means the UK economy is enjoying a welcome combination of strong economic growth and low inflation. This "Goldilocks" scenario adds to the scope for policymakers to keep their foot on the accelerator for longer via lower interest rates to help drive a strong and more sustainable recovery.
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