date:Jun 18, 2014
l tools will be used first. The governor leads a meeting today of the BOEs Financial Policy Committee, which may decide to take action to cool property. It will publish its report next week.
Price Wars
The inflation data showed that consumer prices fell 0.1 percent in May from April. Pressure came from supermarket price wars that drove down the cost of food and non-alcoholic beverages. They dropped 0.6 percent on the year, the first annual decline since 2006 and the largest since October 2004.