Fastest 12-month fall in inflation since 1978. Chancellor Jeremy Hunt hints at further National Insurance cuts. When will the Bank of England cut interest rates? Financial journalist Michael Hunter explains how significant the latest drop in inflation is, and what it means for our pockets. In this episode: How significant is this drop in inflation? What has caused it? How soon could the BoE cut interest rates? Why falling inflation doesn’t mean an imminent drop in prices Click this link to find The Standard podcast on Apple, Spotify or wherever you find your podcasts: https://lnk.to/s1eXPw Subscribe to the Evening Standard: https://bit.ly/Subscribe-to-Evening-Standard for latest breaking news from the UK, US and around the world, plus podcasts and features. Evening Standard on socials: Check out our full video catalog: null Videos, daily editorial and more: https://www.standard.co.uk/ Like us on Facebook: https://www.fb.com/eveningstandard Follow us on Twitter: https://twitter.com/eveningstandard and Instagram: https://www.instagram.com/evening.standard