Inflation to fall below 2pc by spring, say economists
Inflation will fall below 2pc by April or May this year, economists have said, in a boost to mortgage holders hoping for interest rates to fall.
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Inflation will fall below 2pc by April or May this year, economists have said, in a boost to mortgage holders hoping for interest rates to fall.
London’s FTSE 100 was down 0.4% at 7,655.06 in afternoon trade on Wednesday.
London stocks were still in the red by midday on Wednesday following a downbeat growth forecast from the World Bank, and as investors eyed the latest US inflation data this week.
London stocks closed with losses on Wednesday, influenced by a pessimistic growth outlook from the World Bank and investors' attention to upcoming US inflation data.
The following London-listed shares received analyst recommendations Tuesday morning and Wednesday: ---------- FTSE 100 ---------- Deutsche Bank raises Legal & General price target to 305 pence -...