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20 November
Traders trim Bank of England rate cut bets after U.K. inflation rebounds

The chances of another rate cut this year by the Bank of England has diminished after data showed an acceleration in the pace of Britain’s inflation last month.

The U.K.’s Office for National Statistics said on Wednesday that the annual headline consumer price index rose 2.3% in October, climbing from 1.7% in September.

  • Dow Jones Network
  • The Wall Street Journal
  • Financial News London
  • Dow Jones Smart Money

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