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Another UK interest rate cut this year looks increasingly unlikely
Higher inflation and geopolitical uncertainty have led markets to reprice interest rate expectations, though analysts say a November cut remains on the table.
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theguardian.com
UK inflation rises by more than expected to 3.8% amid higher food prices
Fuel and air fares also pushed up annual July rate, making interest rate cuts less likely this year
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cnbc.com
Another UK interest rate cut this year looks increasingly unlikely
Higher inflation and geopolitical uncertainty have led markets to reprice interest rate expectations, though analysts say a November cut remains on the table.