British inflation is falling to the Bank of England’s 2% target for the first time in almost three years

Pic: Bank of England/PA Wire

UK inflation has eased to 2%, raising the prospect of a rate cut within months. The consumer price index (CPI) The interest rate for the year to May was confirmed by the Office for National Statistics (ONS) on Wednesday. The figure indicates that prices are still rising, but at the slowest pace since July 2021. … Read more

UK inflation is expected to fall close to the Bank of England’s 2% target

Sign up for our breaking news emails for free real-time breaking news alerts sent straight to your inbox Sign up for our free breaking news emails British inflation could approach the Bank of England’s target of 2 percent when the Office for National Statistics (ONS) releases the latest figures on Wednesday. The consumer price index … Read more