LONDON British inflation eased less than expected in May after surging in April, official data showed Wednesday, fuelling expectations that the Bank of England will hold interest rates steady this week. The Consumer Prices Index dipped to 3.4 percent last month compared with a rate of 3.5 percent in April, the Office for National Statistics (ONS) said in a statement. Analysts consensus forcecast had been for a drop to 3.3 percent. The Bank of England (BoE) was widely expected to keep its key

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