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High inflation ‘not sufficient’ to scupper Bank of England interest rate cuts

City A.M. Monday, 14 July 2025 ()
High inflation ‘not sufficient’ to scupper Bank of England interest rate cutsJune inflation data showing a 3.4 per cent year-on-year rise in prices would not put Bank of England officials off voting for an interest rate cut in August, leading economists have said.  A Bloomberg poll of City analysts has predicted that inflation will remain above the Bank’s two per cent target as price growth is [...]
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