Inflation drop is ‘watershed moment’ – Ed Conway analysis

Sky’s economics and data editor Ed Conway reflects on the drop in inflation, which has fallen to the Bank of England’s target rate of 2% for the first time in almost three years.

The slowing of inflation will be watched closely ahead of the next interest rate decision and makes the possibility of a cut this summer more likely.

Read more: https://news.sky.com/story/inflation-latest-interest-rates-bank-of-england-money-sky-news-blog-13040934

#inflation #ukeconomy #skynews

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