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    HomeUncategorizedUK inflation falls by less than expected, heaping pressure on BoE  -Viral News...

    UK inflation falls by less than expected, heaping pressure on BoE  -Viral News AnalystAstro

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    Economy

    Reuters was ahead of the competition reporting UK inflation figures as consumer prices rose by a more-than-expected 8.7% last month and a closely watched measure of core inflation surged to a 31-yer high. UK’s main stock indexes fell, British government bond prices plunged, and the pound rose slightly after the data that was seen raising the chances of another interest rate hike from the Bank of England.

    Market Impact

    UK’s main stock indexes fell, British government bond prices plunged, and the pound rose slightly after the data that was seen raising the chances of another interest rate hike from the Bank of England.

    Article Tags

    Topics of Interest: Economy

    Type: Reuters Best

    Sectors: Economy & Policy

    Regions: Europe

    Countries: UK

    Win Types: Speed

    Story Types: Exclusive / Scoop

    Media Types: Text

    Customer Impact: Significant National Story

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