đŹđ§ UK CPI just printed 3.1% (up from 2.9% in July)
Fuel and transport are the culprits here. Core inflation still stuck at 2.6%.
Bank of England now has a real headache. Rate cuts? Not looking likely when inflation's creeping back up.
Watch $GBP volatility. If BoE pivots hawkish, expect ripples across risk assets and crypto liquidity.
Fuel and transport are the culprits here. Core inflation still stuck at 2.6%.
Bank of England now has a real headache. Rate cuts? Not looking likely when inflation's creeping back up.
Watch $GBP volatility. If BoE pivots hawkish, expect ripples across risk assets and crypto liquidity.
