Latest Placement Classifieds,Free Classified Ads,Buy Sell Classified Ads Market UK inflation hits three-year low, fuelling rate-cut hopes

UK inflation hits three-year low, fuelling rate-cut hopes

UK inflation hits three-year low, fuelling rate-cut hopes post thumbnail image

Britain’s annual inflation rate fell to a three-year low in September, official data showed Wednesday, fuelling speculation that the Bank of England will resume cutting interest rates next month. The inflation rate was lower than the 1.9 percent rise that analysts forecast and has cemented expectations that the central bank would likely cut interest rates again in November.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post