UK inflation: ‘Light at the end of the tunnel shines brighter’, but still some way to go
CPI fell to 7.9% in June, but some commentators still expect a 50bps rate rise in August
CPI fell to 7.9% in June, but some commentators still expect a 50bps rate rise in August
Key events for UK wealth managers for the week starting 17 April
Forecasters had predicted CPI to slow to 9.9%
Latest figures throw ‘food for hawks and doves alike’
Market watchers split on what declining inflation will mean for future rate rises
‘Inflation still isn’t fully handled, and it’s easy for markets to get carried away’ warns one analyst
Two committee members backed no change, while one favoured a 75bps rise
Falling motor fuel prices took the largest bite out of the November inflation figures
As industry commentators look ahead to the Autumn Statement
With industry commentators split on what this means for future Fed hikes
Rising food prices drove CPI back to July’s record 10.1% as industry commentators ponder the BoE’s next rate rise
Drop marks the first decline since September 2021