GBP/USD: Growth concerns will temper Pound gains – MUFG

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GBP/USD: Growth concerns will temper Pound gains – MUFG
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GBP/USD: Growth concerns will temper Pound gains – MUFG GBPUSD BOE Inflation CPI Banks

Another UK CPI upside surprise points to a possible 50 bps hike by BoE

Our call for tomorrow was 25 bps but we lean slightly more in favour of 50 bps now given this terrible inflation print. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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