From the UK Telegraph over the weekend:
- Official inflation data is due from the UK this week
- CPI is expected to remain at 0% y/y ... that's according to the latest Bloomberg survey of economists
- That'll be 5 out of the last 6 months that inflation has touched zero or below
- The Bank of England's target is 2%
- 'No-flation' pushes the prospects for a UK rate hike further out ....