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UK inflation hits 3.6%; BoE expected to exercise caution on rate cuts, says ING

Invezz Wednesday, 16 July 2025 ()
UK inflation hits 3.6%; BoE expected to exercise caution on rate cuts, says INGAll eyes are on the UK’s jobs market as Thursday’s upcoming figures are expected to determine the Bank of England’s next move on monetary easing, especially with headline inflation already at 3.6%. The key question is whether Thursday’s upcoming jobs figures will be sufficiently negative to compel the Bank of England to accelerate its pace […]
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