• 11/26/2024

U.K. Inflation Closes In on Bank of England Target as Rate Cuts Near

Wall Street Journal

The U.K.’s consumer prices were 2.3% higher in April, nearing the Bank of England’s target and opening the way for a rate cut in the coming months, although prices of services continued to rise at a pace that will concern policymakers.

https://www.wsj.com/articles/u-k-inflation-closes-in-on-bank-of-england-target-as-rate-cuts-near-ecd535ea