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UK Inflation Proves Too Hot to Handle in April, Unravelling Rate Cut Bets

Published: May 22, 2024

UK April CPI came in a lot hotter than expected, specifically services inflation which carries huge importance for the Bank of England. Rate cuts paired back massively, GBP bid

Source: dailyfx.com

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United KingdomRichard SnowUnited Kingdom InflationProves Too HotUnravelling Rate CutCut ExpectationsBasis PointsWatch Ahead