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The Independent UK
The Independent UK
National
Via AP news wire

UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut

Inflation United Kingdom Bank of England Interest Rates
Copyright 2022 The Associated Press. All rights reserved

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Inflation in the U.K. has fallen to its lowest level for more than three years, official figures showed Wednesday, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting.

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