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UK inflation heads towards 4%, but rate hikes off the table for now
April 22, 2026
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Posted 5 hours ago by
UNITED KINGDOM: UK inflation rose in March on higher fuel prices, and a forthcoming increase in household energy bills this July is likely to take it towards 3.5-4, depending on where wholesale natural gas prices go next. We don't think the bar for a Bank of England rate hike has been met
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