British inflation plunged in November, bolstering bets on Bank of England cuts early next year

British inflation plunged in November, bolstering bets on Bank of England cuts early next year

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British inflation plunged in November to its lowest rate in over two years, prompting investors to pile further into bets that the Bank of England will cut interest rates in the first half of next year. The annual rate of increase in consumer prices dropped to 3.9 per cent from 4.6 per cent in…

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