by Christopher Nye | Mar 23, 2023
Sterling enters interest rate day weaker than the euro but stronger than the US dollar compared to this time yesterday. On a weekly comparison, the pound has lost approximately 0.65% against the euro while gaining around 2% against the US dollar. The mixed performance...
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by Christopher Nye | Mar 23, 2023
With inflation surprising markets, creeping above 10% to 10.4% yesterday, some analysts say this now complicates the Bank of England’s interest rate decision which is set to take place this afternoon. As well as inflation, markets saw the latest producer price indexes...
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by Christopher Nye | Mar 22, 2023
As you’ve probably heard, inflation in the UK didn’t do what it was meant to last month, which was decline nicely towards the Bank of England target of 4% by the end of the year, and instead shot up again to 10.4% annually. However, if you had rushed over to our live...
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by Julian Benson | Mar 22, 2023
The pound lost 1% against the euro yesterday ahead of the UK inflation data and the Bank of England’s interest rate decision on Thursday. This morning sterling has regained some ground. Also this morning, UK inflation rose unexpectedly to 10.4% from 10.1% in January....
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by Julian Benson | Mar 22, 2023
This morning UK inflation edged higher from 10.1% in January to 10.4%. This is the first increase in four months and forecasts expected a reading of 9.9%. This information comes ahead of Thursday’s interest rate decision from the Bank of England. Prime minister Rishi...
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