UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut --[Reported by Umva mag]

LONDON (AP) — Inflation in the U.K. has fallen to its lowest level for more than three years, official figures showed Wednesday, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting. The Office for National Statistics said consumer prices rose 1.7% in September, […]

Oct 16, 2024 - 07:01
UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut --[Reported by Umva mag]
LONDON (AP) -- Inflation in the U.K. has fallen to its lowest level for more than three years, official figures showed Wednesday, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting. Read More




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