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UK Inflation to Fall, Economic Growth Forecasts Downgraded
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UK inflation is expected to fall in line with the rest of the world, according to the Bank of England's Chief Economist. The central bank also downgrades its economic growth forecasts for the UK and expects interest rates to remain unchanged for the second time in a row.
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How might the decline in UK inflation impact the Bank of England's monetary policy decisions?
How might the uncertainty surrounding the new unemployment measure affect policy decisions?
What factors contribute to the downgrade in the Bank of England's economic growth forecasts?
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