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Evening Standard
Evening Standard
Business
Michael Hunter,Simon Hunt and Daniel O'Boyle

FTSE 100 Live 19 June: UK inflation hits Bank of England's 2% target, blue-chips slightly lower

The UK’s inflation rate today slowed to 2%, its lowest level in almost three years.

Despite the figure being in line with its target, the Bank of England is unlikely to cut interest rates from the 16-year high of 5.25% tomorrow.

On the corporate front, housebuilder Berkeley has upped its profits guidance alongside today’s annual results.

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