United Kingdom's annual CPI rose 2.5% in December vs. 2.7% estimate. British inflation advanced to 0.3% MoM in December vs. 0.4% forecast. GBP/USD drops below 1.2200 after UK CPI inflation data.
The US CPI inflation report for January and the UK GDP Q4 2024 set of data are among the financial releases that will draw ...
The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate.
EUR/GBP gains momentum to near 0.8445 in Wednesday’s early European session. UK CPI inflation eases to 2.5% YoY in December vs. 2.7% expected. ECB’s Rehn said it makes sense to continue rate cuts.
Investing.com - European stock markets closed higher Wednesday, as investors digested cooling UK inflation data, with sentiment improved after the release of CPI data showing a 0.4% increase in ...
Investing.com - European stock markets closed higher Wednesday, as investors digested cooling UK inflation data, with sentiment improved after the release of CPI data showing a 0.4% increase in ...