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3min chapter
84. Why inflation hits the poorest hardest
The Rest Is Money
Intro
This chapter discusses the latest UK inflation figures, revealing a slight rise to 2.2%, which is below expectations and significantly lower than the previous peak of 11% in October 2022. The conversation also delves into the impact of these rates on interest rates, notably a recent reduction in the bank rate from 5.25% to 5%.
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