UK inflation hits three-year low, fuelling rate-cut hopes - b e news

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UK inflation hits three-year low, fuelling rate-cut hopes

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Britain's annual inflation rate fell to a three-year low in September, official data showed Wednesday, fuelling speculation that the Bank of England will resume cutting interest rates next month. The inflation rate was lower than the 1.9 percent rise that analysts forecast and has cemented expectations that the central bank would likely cut interest rates again in November.

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