bullish

UK: Flying Low in Augusts

328 Views20 Sep 2023 19:02
UK CPI inflation shocked expectations by falling to 6.7%. An unseasonable fall in airfares was partly to blame, but pressure broadly eased. Excessive wages mean the BoE remains likely to hike again.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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