Analysts at TDS are looking for the UK CPI to pick up to 2.6% y/y in June (mkt 2.6%), a tenth higher than the BoE had forecast in the May IR. Key Quotes “But as it comes on the back of rising energy prices, we don’t think that the upside surprise will have much impact on the BoE’s thinking. For core inflation we look for a steady reading of 2.1% y/y for the third straight month (mkt 2.1%).” “We’ve seen growing reports of labour shortages and upward pressure on wages in the UK, which should help to support underlying inflation going forward.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK and Eurozone inflation data in focus today – Danske Bank FX Street 5 years Analysts at TDS are looking for the UK CPI to pick up to 2.6% y/y in June (mkt 2.6%), a tenth higher than the BoE had forecast in the May IR. Key Quotes "But as it comes on the back of rising energy prices, we don't think that the upside surprise will have much impact on the BoE's thinking. For core inflation we look for a steady reading of 2.1% y/y for the third straight month (mkt 2.1%)." "We've seen growing reports of labour shortages and upward pressure on wages in the UK, which should help to support underlying inflation… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
