UK Inflation: Sticky Services Data Adds to Doubt on BOE Rate Cut
July 17, 2024
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2:55Now PlayingUK Inflation: Sticky Services Data Adds to Doubt on BOE Rate Cut
YouTube Description
as posted by the channelUK inflation held steady at the Bank of England’s 2% target for a second straight month in June, but stubborn price pressures in the services sector added to doubts over whether the central bank will cut interest rates next month. Goldman Sachs International Chief European Economist Jari Stehn analyzes the print.
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