(Bloomberg) -- Chancellor of the Exchequer Gordon Brown said U.K. inflation is falling this month and he will maintain the Bank of England's target for price stability.
``Having carefully examined current inflationary trends and then re-examined the basis of our approach, I believe we are right to maintain our view that directly targeting inflation is the way forward,'' Brown told business leaders in London late yesterday. ``Inflation this month is coming down.''
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment