UK inflation has returned to the Bank of England's 2 per cent target for the first time in nearly three years, significantly increasing the likelihood of an interest rate cut in August.
Economy
UK Inflation Hits Target of 2%, Paving Way for Summer Interest Rate Cuts
UK inflation has returned to the Bank of England's 2 per cent target for the first time in nearly three years, significantly increasing the likelihood of an interest rate cut in Au...
By Richard Pembroke
·2 min read
London Bureau — Staff Photograph
