Sterling weakened further today after UK inflation data surprised further to the downside, reinforcing expectations that price pressures are easing faster than previously thought. The softer CPI print extended losses in Sterling following a weak run of domestic data this week. After inflation peaked at a lower-than-expected 3.8% earlier in the year, disinflation trend now […]
The post Sterling Slips as Faster UK Disinflation Firms Up BoE Cut Case appeared first on ActionForex.
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