Mark Carney has told MPs it would be ‘extremely foolish' for the Bank of England to cut interest rates further in order to combat falling inflation.
Xavier Hovasse, manager of Carmignac's Emerging Discovery fund, takes a closer look at opportunities for investors in China and India.
Monetary Policy Committee members voted unanimously to keep interest rates in hold this month, but potential divisions over the future path of rates have begun to emerge once more.
Inflation fell to 0.3% in January, the lowest level ever recorded, as price growth continued to slump on the back of falling oil prices.
M&G's head of retail fixed interest Jim Leaviss has said it may be time to invest in US inflation protection following the oil-related sell-off seen in recent months.
13 weird happenings for Friday the 13th
The Bank of England may have to resort to the interest rate cut that Governor Mark Carney alluded to in his Inflation Report speech this morning, according to some market watchers.
The Bank of England has said it is prepared to cut rates further and expand its quantitative easing programme should the current downward slide in inflation worsen materially.
Deflation puts governments on the naughty step