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Market Insight: Surprise rise in inflation won't change BoE policy | REUTERS

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November 20, 2024

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UK inflation rose to a six-month high in October. The CPI reading of 2.3% was higher than expected, but Hetal Mehta from St James's Place doesn't believe this will make the Bank of England change its easing path. She believes future rate cuts will remain gradual.

#News #Reuters #Newsfeed #business #markets #uk #bankofengland #inflation

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Market Insight: Surprise rise in inflation won't change BoE policy | REUTERS · Reuters · Sentinel