😑
The latest leap in CPI inflation was no surprise, but it was larger than everyone expected, Ruth Gregory, deputy chief U.K. economist at Capital Economics, noted Wednesday.
“It’s no secret that higher energy prices will push CPI inflation further above 3% over the next 7 months. We doubt this will prevent the Bank [of England] from cutting rates further. Indeed, we still think CPI inflation will fall below 2% in 2026 as the fading of some temporary effects and the weak economy feed through to lower services inflation,”
CNBC
halalmoney /
npub1vd…97rjz
2025-02-19 10:47:28
Author Public Key
npub1vdaz78d96t7pjakpfmqqlr4wgq26l6vmkf25782n05qgdgtfmk8s297rjzPublished at
2025-02-19 10:47:28Event JSON
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"content": "😑\n\nThe latest leap in CPI inflation was no surprise, but it was larger than everyone expected, Ruth Gregory, deputy chief U.K. economist at Capital Economics, noted Wednesday.\n\n“It’s no secret that higher energy prices will push CPI inflation further above 3% over the next 7 months. We doubt this will prevent the Bank [of England] from cutting rates further. Indeed, we still think CPI inflation will fall below 2% in 2026 as the fading of some temporary effects and the weak economy feed through to lower services inflation,”\n\nCNBC\n",
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