Core inflation figures 'final nail in the coffin' for hopes of June BoE rate cut

'Sticky' core inflation ongoing

Linus Uhlig
clock • 3 min read

Despite UK inflation meeting the Bank of England’s 2% target for the first time in three years earlier today (19 June), higher than expected prices for services have led investors to dial back on expectations for an interest rate cut tomorrow.

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Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

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