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Bank of England preview - headline inflation lowest in 18 months makes rate hike 50/50

I posted earlier on the Bank of England Monetary Policy Committee decision coming up today, with JP Morgan saying a rate hike is a coin toss:Lower than expected UK CPI data, Bank of England policy decision today now close to 50/50Bank of Montreal with a similar take:UK CPI caught our attention as it shored an unexpected deceleration in headline inflation to the lowest level in 18 months at 6.7% on a yearly basis. While this remains far above the pre-pandemic pace, the release was followed by a... Read More

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Posted: Sep 21 2023, 01:51

Author Name: forexlive

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