Surprise Fall In Inflation Paves Way For UK Interest Rate Cuts

Newtelegraphng | 17-10-2024 09:07pm |

ShareUK inflation fell unexpectedly to 1.7 per cent in the year to September, the lowest rate in three-and-a-half years. Lower airfares and petrol prices were the main drivers behind the surprise slowdown, official figures showed. It means inflation – the rate prices rise at over time – is now below the Bank of England’s 2%...The post Surprise Fall In Inflation Paves Way For UK Interest Rate Cuts appeared first on New Telegraph.

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