UK CPI rises to 3.5%, complicating BoE outlook
UK headline CPI reached 3.5% and core CPI 2.8%, with services CPI also rising, while food price momentum was the main positive.
Original · FXStreet AI summary of public reporting
Why: Hotter UK CPI data → higher BoE rate hike odds
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At publication → CurrentGBP1.338 → 1.34+0.1%