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London rose by 3.2% in the week to December 10th, buoyed by a weaker inflation outlook and speculation about bank bids.
"If the news is that the economic outlook seems even weaker, inflation pressure is lower and that moves down that profile, I think there is a strong case then for expanding further the asset purchases.
It would not really reflect weaker inflation.
Weaker inflation could lead to mounting calls for another round of QE..
Weaker inflation could lead to mounting calls for another round of QE.
Similar(55)
This afternoon's weak inflation reading from the US tends to reinforce this weak outlook.
A weak inflation rate earlier in the week had already started that repricing.
Analysts said weak inflation had boosted the buying power of Spanish consumers.
The IMF said the UK should keep interest rates low until 2016, amid weak inflation.
The Bank of England is expected to delay a rise in rates following a string of weak inflation figures.
"The decision is fully warranted by the weak inflation dynamics and substantial slack in the economy," said spokesman Gerry Rice.
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CEO of Professional Science Editing for Scientists @ prosciediting.com