UK inflation hits 2.1% but monetary policy remains slave to Brexit

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Inflation above 2%
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Inflation above 2%

A rise in UK inflation back above the Bank of England's 2% target rate will not change the thinking of its Monetary Policy Committee with regards to interest rates, experts have said.

The UK's Consumer Prices Index (CPI) breached the target for the first time this year, rising to 2.1% in April, from 1.9% the previous month - a slightly more modest rise than expected. It is the first...

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