UK inflation falls more than expected boosting rate cut chances

EuronewsEN - 16/04
Although there is increased speculation of more interest rate cuts this year, sticky-high inflation, which remains above the Bank of England's 2% threshold and an escalating global tariff war continue to be concerns.
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Inflation in the United Kingdom fell for the second month running in March. This was largely as a result of lower prices at the pump, according to official figures released on Wednesday.

March's lower inflation print is likely to pile pressure on the Bank of England to cut interest rates next month.

The Office for National Statistics said consumer prices rose by 2.6% in the year to March, down from 2.8% the previous month. The decline was bigger than anticipated, with most economists predicting a more modest decli...
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