Sharp fall in inflation gives green light to more aggressive Bank of England rate cuts

Sharp fall in inflation gives green light to more aggressive Bank of England rate cuts

At a glance, last month's sharp drop in inflation's normal figure to 1.7% tells the Bank of England everything it needs to know as it considers whether to cut interest rates next month. The drop from 2.2% in August puts the price growth rate well below the central bank's target of 2% and back into … Read more