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Evening Standard
Evening Standard
Business
Graeme Evans,Michael Hunter and Daniel O'Boyle

FTSE 100 Live 20 March: UK inflation falls to 3.4%, blue-chips steady ahead of Fed call

Interest Rates

Inflation’s retreat to its lowest level in two years today fuelled hopes of a first cut in interest rates by the summer.

The lower-than-expected 3.4% reading comes ahead of tomorrow’s Bank of England meeting and tonight’s rates outlook guidance by the US Federal Reserve.

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