From @CityAM Mark Carney says deflation is possible - Mark Carney - TopicsExpress

From @CityAM Mark Carney says deflation is possible - Mark Carney has tonight refused to rule out the UK entering deflation after figures from the Office for National Statistics revealed the Consumer Price Index slowed to just 0.5 per cent in December. Speaking to ITV, the governor of the Bank of England said that deflation was possible “in a given month on a year-on-year basis” but that any fall in prices would not be sustained or stretch across a wide swathe of goods ... ow.ly/2TiqHk

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