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MacKinnon Says U.K. Inflation Data Dims Rate-Cut Chances
 Source: Bloomberg
Neil Mackinnon, chief economist at ECU Group Plc and a former U.K. Treasury official, talks about U.K. and Chinese inflation data and the risks of a recession in Britain. U.K. producer prices in April climbed 7.5 percent from a year ago, the fastest annual pace since at least 1986. On the month, prices increased 1.4 percent, the fastest pace on record. Mackinnon speaks with Bloomberg's Naga Munchetty in London.
Rating: (0 ratings) Views: 0 Added: May 12, 2008
Category: Business
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