Analysts: Inflation decline cannot change fiscal pressure, tariffs hinder interest rate reduction process.

Jin10 data March 26 news, Moneyfarm’s Chief Investment Officer Richard Flax stated in a report that the data showing a moderate decline in the UK’s inflation rate in February is unlikely to alleviate fiscal pressure. The UK’s annual overall inflation rate in February fell to 2.8% from 3.0% in January, a decline slightly higher than expected. Flax said the Chancellor of the Exchequer may feel somewhat relieved by the continued easing of inflation, but this moderate decline does little to reduce fiscal pressure. He also mentioned that tariff risks could increase import costs, pushing the inflation rate up, thereby limiting the Central Bank of the UK’s room for interest rate cuts.