UK Consumer Prices (Apr. 2024)

In response to the smaller-than-expected fall in CPI inflation in April, we now think that the Bank of England will first cut interest rates in August rather than in June. And the data cast some doubt over an August rate cut too.

We’ll be discussing the outlook for UK inflation and interest rates in a 20-minute online briefing at 9.30am BST today. (Register here.)

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