UK inflation nudged higher in May, as was expected. The headline release rose to 9.1% YoY, up slightly from the 9.0% gain in April. On a monthly basis, CPI nudged higher to 0.7%, up from 0.6% in April. UK inflation nudges higher The fact that UK inflation accelerated and an inflation peak remains elusive is […]

The post British Pound Yawns as CPI Matches Estimate appeared first on Action Forex.

UK inflation nudged higher in May, as was expected. The headline release rose to 9.1% YoY, up slightly from the 9.0% gain in April. On a monthly basis, CPI nudged higher to 0.7%, up from 0.6% in April. UK inflation nudges higher The fact that UK inflation accelerated and an inflation peak remains elusive is […]

The post British Pound Yawns as CPI Matches Estimate appeared first on Action Forex.