Inflation Drop Sparks Hopes of Faster UK Rate Cuts
- Inflation drops to 4% next week, fuelling hopes of interest rate cuts
- Markets anticipate inflation falling to Bank of England's 2% target within months
- Pressure mounts on BoE Governor to cut interest rates to boost economy
- US Federal Reserve openly discussing rate cuts in 2023 as stocks soar
- Reality defeating BoE governor again; rate cuts could come earlier than expected