UK inflation seen softening to 2% from about 3% - BAML - Reuters

Eren Sengezer FXStreet

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

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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