Photo by Colin Watts on Unsplash 

The upcoming UK Consumer Price Index (CPI) report is set to play a pivotal role in shaping market expectations around the Bank of England’s (BoE) monetary policy trajectory. With the BoE’s inflation outlook already under scrutiny, this release will offer critical insights into the persistence of inflationary pressures, particularly in the services sector, which has been a focal point for policymakers due to its strong link to domestic wage growth. UK services inflation was 5% y/y for November and that is incompatible with the BoE’s 2% target.

Video Length: 00:02:49

More By This Author:

As Germany Faces A Potential February 2025 Election What Can That Mean For The Euro?
Can Monster Beverage Corporation Provide An Early Christmas Present Despite Earning Miss?
Can The FTSE 100 Beat The UK Budget Blues?