UK Inflation Drops, Rate Cut Hopes Rise
Update: 2025-11-19
Description
Inflation in the UK hits a four-month low, sparking hopes for another interest rate cut from the Bank of England. Despite a decline to 3.6%, the rate is still above the target, and a quarter-point cut is likely. The budget announcement by Treasury chief Rachel Reeves adds complexity, as she plans to address a multi-billion-pound shortfall with targeted action to ease the cost of living.
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