
UK Inflation Cools Markedly in January, Boosting Rate Cut Hopes
The U.K. inflation rate significantly cooled to 3% in January, according to the Office for National Statistics, increasing the likelihood of a Bank of England rate cut.
18 Feb, 07:32 — 18 Feb, 10:17
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A decline in food, fuel costs and air fares pulled the headline rate sharply lower to 3% in January
Read full article →UK inflation cools markedly in January, boosting odds of Bank of England rate cut
The U.K. inflation rate cooled to 3% in January, according to the latest figures from the Office for National Statistics (ONS).
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