Inflation hit 0.3 % in January - already the lowest level on record . But in a boost for families the the Office for National Statistics chief said inflation would fall to zero . Mr Carney said prices were unlikely to rise for the the rest of the year . But he said it would be 'extremely foolish ' to slash interest in response .
Inflation hit 0.3 % in January - already the lowest level on record . But in a boost for families the Bank chief said inflation would fall to zero . Mr Carney said prices were unlikely to rise for the the rest of the year . But he said it would be 'extremely foolish ' to slash interest in response .