BBCNEWS World Business Report June 4, 2024 05:49:00
We're going to see inflation decline. that was a huge set back and it wasn't just the fed we saw, but a small decline, we saw a significant acceleration. it's the fight that was coming after two or three months of decent numbers so it is a real big set back. that means that ta bank of england doesn't really have the flexibility it otherwise may have. i think a 25 basis point rise is all but in. we had two things late month, in flight of the decent inflation data. i think the bank of england is in a d position. i think it wants a couple of months to pass and see the inflation data improving and...