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UK inflation at lowest since late 2016, stokes rate cut talk

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UK inflation at lowest since late 2016, stokes rate cut talk
UK inflation at lowest since late 2016, stokes rate cut talk

Official figures show that inflation in Britain has fallen to its lowest level since late 2016

Brexit uncertainty and below target inflation. The central bank is tasked with setting interest rates to achieve an inflation rate of 2%.

Following the release of the inflation figures, the pound dropped slightly to below $1.30.

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16 January 2020, 12:19