IMF calls for further rate cuts in the UK

Note: This section contains information in English only.
Source: BBC
The IMF reported that persistent weakness of the UK's economy means that officials have to consider more QE measures and further reduction of the interest rates. In case currently implemented budget cutting plan slows growth essentially, the country has to delay it, the IMF added. The easing measures may create inflationary pressure but the IMF suggestion came after UK inflation dropped to the lowest level since February 2012 of 3%.


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