Carney – low inflation due to oil prices

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    BOE’s Carney, while speaking at the inflation report press conference, said the inflation in the UK remains low due to low oil prices.

    Key Points

    Trade outlook is particularly challenging

    Net exports expected to drag on growth

    Wage pressure takes a little longer to appear

    Household and business confidence remains robust despite EU referendum

    BOE is setting policy to get inflation to target in around 2 years
    For more information, read our latest forex news.

Share This Page

free forex signals