A rise in UK inflation back above the Bank of England's 2% target rate will not change the thinking of its Monetary Policy Committee with regards to interest rates, experts said on Wednesday (22 May).
The UK's consumer price index breached the target for the first time this year, rising to 2.1% in April, from 1.9% last month - a slightly more modest rise than expected. It's the first time the 2%...
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