UK CPI slowed to 6.7%, BoE’s hike tomorrow could be the last

<p><img width="526" height="326" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-uk1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/featured-images/f-uk1.jpg 526w, https://www.actionforex.com/wp-content/uploads/featured-images/f-uk1-356×220.jpg 356w" sizes="(max-width: 526px) 100vw, 526px" /></p>
<p>Sterling is facing headwinds after release of UK’s CPI inflation data, which came in lower than market forecasts. This development strengthens the speculation that BoE might be drawing curtains on its tightening cycle, with the one more hike expected tomorrow potentially being the concluding move. The reported data illustrated deceleration in CPI from of 6.8% […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/519407-uk-cpi-slowed-to-6-7-boes-hike-tomorrow-could-be-the-last/">UK CPI slowed to 6.7%, BoE’s hike tomorrow could be the last</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>