Blanchflower sees UK prices falling pretty sharply

Inflation in the UK will fall back 'pretty sharply' this year, Bank of England Monetary Policy Committee member David Blanchflower said in an interview Tuesday 27 February.

In the interview with The Herald in Glasgow after a speech, David Blanchflower said inflation would go back towards the 2.0 pct target 'fairly rapidly.'

Blanchflower is the only rate-setter to have voted against all three rate hikes since he came to the central bank in June, and indeed noted in the interview that there have