Bank of England expected to announce pre-Christmas interest rate cut today – business live - short news
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UK inflation falls sharply to 3.2% amid slowdown in food price rises
Yesterday’s larger-than-expected drop in UK inflation, from 3.6% to 3.2%, made an interest rate cut at noon today even more likely.
Danni Hewson, head of financial analysis for AJ Bell, explained:
“Although 3.2% is still way above the Bank of England’s target, it is expected to be the final piece in the puzzle which will enable rate..
source: The Guardian - 18.12.2025