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Daily Mirror
Daily Mirror
Business
Ruby Flanagan

Homeowners' mortgage woe as interest rates tipped to rise AGAIN despite inflation falling

Inflation Interest Rates Bank of England

Today's inflation announcement of 8.7% has brought concerns that interest rates will rise again in June.

This morning the Office of National Statistics (ONS) announced that inflation had dropped from 10.1% to 8.7% in the year leading to April.

This figure is higher than what experts had predicted as many believed the inflation rate would drop as low as 8.2%.

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