The Great Debate UK

from UK News:

Is a 1.8 percent inflation rate good or bad news?

Aug 18, 2009 17:07 UTC

- Sumeet Desai, Reuters senior UK economics correspondent. -

Inflation unexpectedly held steady in July, official data showed Tuesday, but economists still expect big falls in the annual rate this year and monetary policy to stay loose for some time to come.

Is a 1.8 percent inflation rate good or bad news?

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