As Prices Fall In England, Mark Carney Muses About DeflationMark Melin
Carney notes lowered prices in the region but isn't calling it the "D" word just yet
As quantitative easing is expected to rain across Europe, Mark Carney, head of the Bank of England, wonders if it will be enough to generate a headwind to stave of deflation on his island economy.
The head of England’s central bank said the economy is on course for its first period of declining prices since records were taken in 1989. Mark Carney, in a exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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