Inflation remained stubbornly above the Bank of England’s 2pc target last month, official figures show, as policymakers prepare to announce the next decision on interest rates.
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The figures come a day before the Bank of England will announce its latest decision on interest rates.
Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years:..
Federal Reserve chair expected to begin lowering interest rates this week as inflation fears fade