Bloomberg Originals
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Is Mark Carney Inching Toward a Rate Hike?
Posted
August 7, 2015
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954
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August 7, 2015
954
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2:00Now PlayingAugust 7 -- With energy costs falling and the pound surging, Governor Mark Carney said inflation will stay "muted" and there may even be another period of price declines. The remarks, along with new forecasts, cut the chance of a rate increase this year. They also undermined any expectations for a move on Nov. 5, the date of the Bank of England’s next projections.
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