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UK Inflation Falls Less Than Markets Expected Raising the Chance of a June Hike

Despite the Disappointing April Figure, Markets Still See Interest Rates Peak in 2023 Before Falling in 2024
CoStar Analytics
May 26, 2023 | 6:47 AM

The UK CPI inflation headline figure for April fell to 8.7% from 10.1% in March. The drop was smaller than expected and bond markets reacted by pushing up yields.

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