Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Two issues dominate the City today – August’s UK inflation data, and a likely US interest rate cut. Following a heavy barrage of criticism from president Trump, the Federal Reserve seems certain to cut interest rates at the end of its policy meeting today. This would be the second rate cut in under two month.
Markets brace for UK inflation data and Fed rate decision – business live
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Rolling coverage of the latest economic and financial news, including new data showing the cost of living in Britain