British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, ...
“GBP/USD is challenging the key resistance near 1.2605 heading into the UK CPI data release, with the 14-day Relative Strength Index (RSI) momentum indicator in the daily chart holding firm ...
The rate of UK inflation rose by more than expected in January to 3%, up from 2.5% in December. Analysts had been expecting a ...
Gilts and European bonds remain lower, while Treasuries are broadly little changed. And the pound is still trading close to ...
Investing.com - UK inflation was cooler than expected in December, potentially offering the Bank of England opportunity to cut interest rates when it next meets in February. Annual consumer price.
UK headline CPI came in at 3.0%, above the 2.8% estimate. Yields are higher but the initial pound strength faded. Services inflation is moderating and this is the key metric for the BoE.
According to data from the Office for National Statistics (ONS), the UK Consumer Prices Index (CPI) came in 0.2 percentage points above the 2.8% figure forecast by economists polled by Reuters.
While the UK is evading US tariffs for now, its economy continues to face a somewhat undecided future, with taxes on business set to increase in April and a lingering drag from the elevated interest ...
The Pound was mostly flat against the US Dollar on Wednesday following the publication of the UK’s latest consumer price index (CPI). The Pound US Dollar (GBP/USD) exchange rate traded mostly ...