Deloitte Chief Economist comments on this morning's inflation figures has been saved
Deloitte Chief Economist comments on this morning's inflation figures
17 July 2019
Commenting on the latest inflation figures, published this morning by the Office for National Statistics, Ian Stewart, chief economist at Deloitte, said:
“On-target inflation gives the Bank of England plenty of room to cut interest rates in the event of a sharp slowdown. The likelihood of the UK joining the global move to easier monetary policy is rising.”
Note to editors
In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.
Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.
Deloitte LLP is a subsidiary of Deloitte NWE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.
The information contained in this press release is correct at the time of going to press.
For more information, please visit www.deloitte.co.uk
Member of Deloitte Touche Tohmatsu Limited