UK inflation seen softening to 2% from about 3% - BAML - Reuters
|Reuters just published a story on the latest Bank of America Merril Lynch report, with the key quotes found below:
- No end in sight to global low-inflation, low-rate environment
- Falling auto, apparel prices, risk of slowing rent growth pose downside risk on U.S. core inflation
- General core inflation trend in emerging economies stems from tepid economic activity
- U.K. inflation seen softening to 2 pct from about 3 pct if Brexit-related economic weakness persists
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