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Another huge blow for Rachel Reeves as inflation RISES to 3.6% defying predictions from analysts leaving hopes of interest rate cuts in the balance

Another huge blow for Rachel Reeves as inflation RISES to 3.6% defying predictions from analysts leaving hopes of interest rate cuts in the balance

The headline CPI rate had been expected to stay on hold at 3.4 per cent in the year to June, but instead increased to 3.6 per cent.

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