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Deutsche says BoE will be forced to hike higher & further. Raise terminal forecast to 5.25
The title to Deutsche Bank 's note says it all:Inflation – we have a problem; terminal now at 5.25%ICYMI, the data can be found from here:ForexLive European FX news wrap: UK core inflation runs hotDeutsche Bank, in brief (bolding is mine):April inflation data was stronger than expectedPrice persistence remains a dominant theme in the UK – perhaps more so than any other G7 economy. Supply shocks, still de-anchored inflation expectations, fewer promotional discounting, and some potential margi...
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Posted: May 26 2023, 02:11
Author Name: forexlive
Views: 081460