A decrease in inflation rates might
come as a welcome development for policymakers at the Bank of England,
potentially giving them justification to lower interest rates.
This move would
mark a significant shift after maintaining high interest rates for over two
years. Presently,
there is market anticipation that the Bank of England will
commence reducing interest rates starting from the upcoming meeting.
Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company.