🇬🇧 UK Inflation Still Mixed — BOE Policy in Focus
UK inflation remains uneven, with domestic price pressures staying stubborn — especially in services. Recent data shows CPI around 3.4%, still above the 2% target.
According to Reuters and Associated Press, Bank of England officials say underlying inflation may stay near 2.5%, making rate cuts less certain.
📊 Market Impact:
• Pound volatility 💷
• Gilt yields sensitive to data 📉
• Rate cut expectations shifting 🔄
Investors are watching closely as monetary policy uncertainty continues.