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World

Will falling inflation save Rachel Reeves’s Budget?

16 October 2024

8:29 PM

16 October 2024

8:29 PM

Inflation slowed to 1.7 per cent in the twelve months to September, taking the inflation rate to its lowest levels since spring 2021. While markets and forecasters had expected the inflation rate to drop below the Bank of England’s 2 per cent target at some point this year (market consensus for September was 1.9

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