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Inflation Update: US Minutes & UK CPI

Inflation Update: US Minutes & UK CPI

On Wednesday, August 16th, key economic data was released in the UK and the US and revealed valuable insights into inflation rates in these countries. Find out more in this article.

UK Inflation Slows, Easing Pressure On BOE

UK Inflation Slows, Easing Pressure On BOE

Inflation in the UK fell to its lowest level since March 2022, easing pressure on BOE to hike rates by 50bps at the next meeting on August 3. The pound weakened, while the FTSE 100 rose as borrowing rates are expected to rise less.

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