Money: Inflation – 17th Aug 10

Today’s inflation figures will determine how much rail fares increase in January. The Bank of England’s Governor believes lots of ‘spare capacity’ in the economy will eventually bring inflation down. The Obama administration will discuss the future of failed mortgage giants Fannie Mae and Freddie Mac. Finally, a think-tank says the Government should pay employers who offer internships to young people if they find a job after their placement.