Big upside surprise for UK inflation. The market will certainly reprice the rate cut expectations to something like 25-28 bps of easing by year-end (one rate cut) and even then I'm skeptical the BoE will be able to cut again in 2025.
This article was written by Giuseppe Dellamotta at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( UK April CPI +3.5% vs +3.3% y/y expected )
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