You are here

Renewed drop in inflation may hit BOE hawks

BOE policy makers led by Mr Carney kept the main interest rate at a record-low 0.5% on July 9


BANK of England (BOE) hawks and government bond-market bears may suffer a setback this week should they find inflation, which erodes returns on fixed-income assets, vanished after just one month.

After weeks dominated by Greece's bailout talks, UK gilts may benefit from...