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Evening Standard
Evening Standard
Business
Simon English

The Bank shouldn't be shy on cutting interest rates

For the past three years we have been blighted by inflation and told that, however painful it may be, borrowing costs had to go higher.

From next week we could start reading that inflation is in fact now too low, a change of direction that might make little sense to non-economists, or indeed to most people noticing just how much more expensive almost everything is. (Bills, pints of beer, insurance, taxis.)

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