73 days ago • Posted by Paul de La Baume

#UK #Inflation remains 'hot' #investing #trading #BoE

The UK Consumer Price Index (CPI) rose unexpectedly for the first time in four months (10.4% vs Exp. 9.9%). Markets have now fully priced for a 25bps rate hike by the Bank of England on Thursday. This would mark the 11th consecutive hike since December 2021.