Unexpected UK CPI Boosts Sterling, Risk Aversion Continues

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<p>Sterling emerged as the star performer in today’s market, largely driven by surprising inflation data from the UK. CPI inflation in December showed an unexpected acceleration, with core CPI remaining at elevated level. This development led to a swift change in the market’s perspective concerning BoE’s policy, reducing the anticipated number rate cuts this year […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/535713-unexpected-uk-cpi-boosts-sterling-risk-aversion-continues/">Unexpected UK CPI Boosts Sterling, Risk Aversion Continues</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>