bullish

UK Services Air-Lifts Dovish Pressure

88 Views19 Jun 2024 19:04
UK services CPI inflation exceeded expectations again by only slowing to 5.68%, ruling out a June rate cut by being 0.4pp above the BoE’s...
What is covered in the Full Insight:
  • UK Services CPI Inflation
  • Rate Cut Expectation
  • Persistently High Services Inflation
  • Volatile Airfares Driving Inflation
  • BoE Forecast Potential
SUMMARY
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Rising
Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
  • UK Services Air-Lifts Dovish Pressure
    19 Jun 2024
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