UK: Inflation likely to continue to decline in December – Danske Bank
Wednesday, 16 January 2019 Analysts at Danske Bank suggest that the UK inflation figures for December will probably show another decline in headline inflation from 2.3% in November on the back of lower energy prices.
“With inflation slowly heading back towards the target, we do not expect the Bank of England to be in a hurry to deliver its next hike, especially amid the ongoing Brexit uncertainty. We recently changed our call for the next BoE hike from May to November this year.”
According to Business Insider, leading economists are saying that because inflation does not seem to be accelerating, that the Fed will not likely raise interest rates. The Bureau of Labor Statistics..