UK CPI Miss Triggers Pound Sell-Off, BoE Rate Cuts Likely
UK CPI Miss Triggers Pound Sell-Off, BoE Rate Cuts Likely The latest UK inflation data has taken the market by surprise, delivering a notable miss. The headline inflation rate fell to 1.7% in September 2024, down from 2.2% in August, marking the lowest reading since April 2021. Core inflation also moderated significantly, down to 3.2% … Read more