• UK March CPI 2.6% vs 2.7% y/y expected

    Source: Buzz FX / 16 Apr 2025 01:16:23   America/Chicago


    - Prior +2.8%
    - Core CPI +3.4% vs +3.4% y/y expected
    - Prior +3.5%
    The readings are more or less in line with estimates, with the headline being a touch softer than expected. The market was pricing in ~80% odds of a rate cut for next month,
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