The fall in CPI inflation from 3.8% in September to 3.6% in October (CE, consensus and BoE forecasts all 3.6%) is the second softish inflation release in a row and could well prompt the Governor of the Bank of England to put on a red suit and white beard and cut interest rates from 4.00% to 3.75% on 18th December.
We’re hosting a 20-minute online briefing at 3.00pm GMT today to assess what the upcoming Budget will mean for the economy, housing and financial markets. (Register here.)
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