October’s higher headline and core inflation figures could give the BoE more reason to stand pat in December.
Expert Views on the UK Inflation Report
Michael Brown, Senior Research Strategist at Pepperstone, recently remarked on BoE Monetary Policy Committee Member Catherine Mann’s views on inflation, stating,
“Doesn’t look like Mann will vote for cuts any time soon.”
Catherine Mann described UK services inflation as “pretty sticky,” with most inflation indicators signaling an upward bias. Mann also highlighted risks from potential energy price spikes.
GBP/USD Response to Inflation Data
Ahead of the UK inflation report, the Read More
