Deloitte comments on today's ONS inflation figures
Commenting on today’s ONS inflation figures, Ian Stewart, chief economist at Deloitte, said:
“The worst of the inflation surge is probably behind us, with the inflation rate likely to edge lower over the coming months. Together with a softening labour market, easing inflationary pressures should allow the Bank of England to make a final 25bp rate cut by the end of this year.”
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