Trade Desk Thoughts - BOE Inflation Attitudes

BOE Inflation Attitudes Actual 4.4%, Previous 4.3%

Release Explanation: Measures consumer expectations for future prospects of inflation. The indicator is derived from a survey that asks respondents their expectations for the rate of inflation over the coming year

Trade Desk Thoughts: In the U.K., inflation expectation has increased since the last quarter. The U.K. economy continues to be pressured by inflation. This report shows inflation is likely to remain high over the medium and long term.

Forex Technical Reaction: The pound had moved flat during the overnight session, gaining 15 pips

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