US inflation ticks lower to 4.9% BoE expected to raise rates by 25 bp on Thursday US inflation dips lower The US inflation report for April showed a very small decline. Headline CPI ticked lower to 4.9%, down from 5.0% in March and the consensus estimate of 5.0%.  The core rate eased to 5.5%, matching […]

The post Pound Swings After US Inflation Ticks Lower appeared first on Action Forex.