UK Inflation Falls to Lowest Level Since March 2025
Market Intelligence Analysis
AI-PoweredUK inflation has fallen to a 10-month low, potentially paving the way for an interest-rate cut by the Bank of England next month, with a forecast of 75 basis points of rate reductions in 2026.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
UK inflation dropped to a 10-month low, the Office for National Statistics said Wednesday, bolstering the case for an interest-rate cut when the Bank of England meets next month. Jefferies economist Modupe Adegbembo, speaking on Bloomberg Television, forecasts 75 basis points of rate reductions in 2026. "We think growth is weaker than expected," she says. "The second factor is that we think looking at the labor market, the labor market conditions are not doing well right now." (Source: Bloomberg)
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