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Don't Expect a Return to Ultra-Low UK Interest Rates

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June 20, 2024

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Inflation has hit the Bank of England's 2% target, but is unlikely to fall much further. That's good news - it means we may have finally escaped the deflationary backdrop of the 2010s. But it also means we can only expect a handful of rate cuts. Bloomberg's John Stepek discusses on "The Pulse with Francine Lacqua."

Sign up for the Money Distilled newsletter for John Stepek's takes on the biggest developments in the world of markets and economics, and what it all means for your money.

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