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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Inflation set to dip slightly as markets hope Bank of England interest rates have peaked

Bank of England Inflation Interest Rates Joe Nellis Ukraine United Kingdom City Russia

The UK’s inflation rate is expected to dip slightly when official statistics are published by the ONS  tomorrow, as markets look for signs that the Bank of England’s interest rates have already peaked.

City experts expect the headline inflation rate to dip to 6.6%, the lowest rate since February 2022, when Russia invaded Ukraine.

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