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Economy

China Imports to Help Lower U.K. Inflation to Target, BOE’s Taylor Says

The annual rate of inflation is likely to fall to the Bank of England’s 2% target by the middle of this year, aided by cheap imports from China, the rate-setter said.

China Imports to Help Lower U.K. Inflation to Target, BOE’s Taylor Says

Key Highlights

  • The annual rate of inflation is likely to fall to the Bank of England’s 2% target by the middle of this year, aided by cheap imports from China, the rate-setter said.
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Sources

  1. China Imports to Help Lower U.K. Inflation to Target, BOE’s Taylor Says

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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