UK inflation could go negative, would not be damaging deflation - BoE's Broadbent
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LONDON (Reuters) - British consumer price inflation could turn negative around the end of this year but that would not represent the start of a period of damaging deflation, Bank of England Deputy Governor Ben Broadbent said.Asked about the possibility of inflation turning negative on a BoE online presentation with its regional agents, he said the BoE's best guess for inflation was around zero in the fourth quarter, so there was a chance of prices falling below that."I wouldn't describe that.....