Inflation remains 'sticky' which will likely 'be of some concern to policymakers' - London Business News | Londonlovesbusiness.com
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from London Business News | Londonlovesbusiness.com2 months ago
Headline inflation stayed at 2%, but core CPI is at 3.5% and services CPI at 5.7%, challenging a rate cut decision for MPC in August.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/inflation-remains-sticky-which-will-likely-be-of-some-concern-to-policymakers/
MPC cautious as inflation stays above target; a rate cut not likely until September, strengthening GBP against USD amid potential transatlantic policy divergence.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/inflation-remains-sticky-which-will-likely-be-of-some-concern-to-policymakers/
Read at London Business News | Londonlovesbusiness.com
#uk-inflation #monetary-policy-committee-mpc #rate-cut-decision #persistent-price-pressures #gbp-strength
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