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Sterling Takes a Dive as UK Inflation Data Ease Some Pressure on BoE

Sterling falls sharply following the release of June’s UK CPI figures which revealed faster than expected slowdown in both headline and core inflation. Despite the persistent high inflation levels, these figures suggest BoE may not need to raise interest rates as aggressively as previously anticipated by some economists, potentially easing some monetary policy pressures. In […] The post Sterling Takes a Dive as UK Inflation Data Ease Some Pressure on BoE appeared first on Action Forex... Read More

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Posted: Jul 19 2023, 06:46

Author Name: actionforex

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