While economists in the US and Canada, and later policymakers, are talking about peak inflation, that moment is yet to come for the UK. Annual inflation has reached double-digit territory at 10.1%. At the same time, the monthly price growth rate remains elevated. It is also important to note the spread of inflation beyond energy. […]
The post Inflation in Britain Hasn’t Peaked, and the GBPUSD is Not Bottomed Out appeared first on Action Forex.