In the U.K., producer prices fell for a fourth straight month, further evidence that...

|By:, SA News Editor

In the U.K., producer prices fell for a fourth straight month, further evidence that inflationary pressures are easing rapidly as the economy slows. The 0.7% drop was slightly less than forecast, but doesn't change expectations that the BoE will continue to slash interest rates (now at 2%). (ETFs: EWU, FXB)