UK inflation falls to 3%, giving hopes of early cut in interest rates

2026-02-18 - 07:13

January annual drop still leaves rate above Bank of England’s 2% target UK inflation tumbled to 3% in January, giving a boost to hopes of an early cut in interest rates by the Bank of England. The drop was in line with a majority of City economists forecasts and marks the lowest level since March 2025. Continue reading...