{"id":59636,"date":"2024-05-22T10:52:19","date_gmt":"2024-05-22T10:52:19","guid":{"rendered":"https:\/\/positivelysharing.org\/blog\/?p=59636"},"modified":"2024-05-22T10:52:19","modified_gmt":"2024-05-22T10:52:19","slug":"blow-to-interest-rate-cut-hopes-as-inflation-remains-above-bank-of-england-target","status":"publish","type":"post","link":"https:\/\/positivelysharing.org\/blog\/2024\/05\/22\/blow-to-interest-rate-cut-hopes-as-inflation-remains-above-bank-of-england-target\/","title":{"rendered":"Blow to interest rate cut hopes as inflation remains above Bank of England target"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-52793\" src=\"https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/11\/Food-inflation-300x189.jpeg\" alt=\"\" width=\"300\" height=\"189\" srcset=\"https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/11\/Food-inflation-300x189.jpeg 300w, https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/11\/Food-inflation-360x227.jpeg 360w, https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/11\/Food-inflation.jpeg 371w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><a href=\"https:\/\/www.standard.co.uk\/topic\/inflation\" target=\"_blank\" rel=\"noopener noreferrer\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;b&quot;:1,&quot;c.t&quot;:7}\">Inflation<\/a>\u00a0in the UK has fallen close to the\u00a0<a href=\"https:\/\/www.standard.co.uk\/topic\/bank-of-england\" target=\"_blank\" rel=\"noopener noreferrer\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;b&quot;:1,&quot;c.t&quot;:7}\">Bank of England<\/a>\u2019s 2% target, but still came in higher than expected in a blow to hopes of an interest cut this summer.\u00a0 <a href=\"https:\/\/www.msn.com\/en-gb\/money\/other\/blow-to-interest-rate-cut-hopes-as-inflation-remains-above-bank-of-england-target\/ar-BB1mPm7m?bncnt=BroadcastNews_TopStories&amp;ocid=msedgntp&amp;FORM=BNC001&amp;pc=HCTS&amp;cvid=03ec524c9cf142ac8727897e885a8c59&amp;ei=18\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>Inflation\u00a0in the UK has fallen close to the\u00a0Bank of England\u2019s 2% target, but still came in higher than expected in a blow&#8230;<\/p>\n","protected":false},"author":1,"featured_media":48296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[200],"tags":[],"class_list":{"0":"post-59636","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cost-of-living-crisis"},"jetpack_featured_media_url":"https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/08\/Bank-of-England1.png","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/59636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/comments?post=59636"}],"version-history":[{"count":1,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/59636\/revisions"}],"predecessor-version":[{"id":59637,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/59636\/revisions\/59637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/media\/48296"}],"wp:attachment":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/media?parent=59636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/categories?post=59636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/tags?post=59636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}