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UK Inflation Distanced the Expected Rate Cut

19

Inflation in the UK exceeded forecasts, making traders and investors cautious about the prospects for policy easing in the coming months. Consumer prices rose by 0.3% m/m vs. 0.2% expected. Annual inflation slowed to 2.3% last month from 3.2% in March. This is the lowest level in two years, comfortably close to the Bank of […]

The post UK Inflation Distanced the Expected Rate Cut appeared first on Action Forex.

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