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Tag: UK interest rate

UK CPI inflation eases to 8.7% but food inflation still close to 20%

The headline CPI figure slowed down to 8.7% in April, from 10.1% in March, while core inflation accelerated to 6.8%, from 6.2%

Market sees Bank of England to raise rate to 4% by May

The financial market expecting the UK policy interest rate UK will break 4% by May, more than double the current level of 1.75%. Financial Times reported.

Economy