UK Inflation to Slow Further Below BoE’s Estimate

The UK Consumer Price Index (CPI) has fallen sharply this year to hit 1.5% in August, which is well below the official 2% target. This allows the Bank of England (BoE) to maneuver in an ultra loose monetary environment without much concern about price stability in the medium term. Much of that…

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UK Inflation to Slow Further Below BoE’s Estimate