Intraday Market Thoughts

UK CPI Eases Carney's Job

by Ashraf Laidi
Aug 19, 2014 12:05

The latest soft inflation data as well as the earnings figures couldn't have come at a better time for the Bank of England's MPC members wishing to dampen expectations of early tightening. Here is what it means for GBP.

Click To Enlarge
UK CPI Eases Carney's Job - Gbp Vs Gilts Aug 19 (Chart 1)

Act Exp Prev GMT
CPI (JUL) (m/m)
-0.3% -0.2% 0.2% Aug 19 8:30
CPI (JUL) (y/y)
1.6% 1.8% 1.9% Aug 19 8:30
Core CPI (JUL) (y/y)
1.8% 2.0% Aug 19 8:30

Latest IMTs