UK inflation continued its downward trajectory coming in at 3.2 percent in March. This is a decrease from the 3.4 percent reported in February but slightly higher than consensus expectations of 3.1 percent.
Lindsay James, an investment strategist at Quilter Investors, suggested this data “leaves [interest] rate cuts on the table in the near term”.
However, any rate cuts are likely to be modest. [Read more here from Katie Royals]...
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