FOMC and the Risk of Disappointment | BK Asset Management: "Consumer prices grew a mere 0.1% in the month of November, pushing the annualized pace of growth down to 2.1%, the lowest year over year rise since 2009. CPI may be higher than the central bank’s target but it is trending downwards. Producer prices also dropped more than expected, a sign that price pressures in the U.K. are abating. The lack of inflation makes the Bank of England more comfortable with keeping monetary policy easy."
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