Economy

UK inflation victory may not be enough to deliver August rate cut

The Bank of England may not be in the celebrating mood, amid concerns about still-high services inflation.

The Bank of England may take a cautious approach, even as UK inflation returns to target (Getty)

Business Post subscribers can read:

• Why an August rate cut is unlikely

• Why voters in the UK don’t share celebratory mood on inflation data

• How markets are responding to the news