Allegra Stratton: A Rate Cut for Christmas?

Allegra Stratton: A Rate Cut for Christmas?



Allegra Stratton: A Rate Cut for Christmas?
The Chancellor of the Exchequer Rachel Reeves went to Tesco this morning so she’d be in the supermarket precisely as the inflation numbers were published. Just seven days out from the most anticipated budget in recent history, it’s a reflection of the Treasury’s communications strategy: it wants to make clear it’s not out of touch with everyday concerns, while also taking credit for any slowdown in price rises. The chancellor knows that inflation is the great slayer of politicians the world over


www.bloomberg.com
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