082 – UK inflation prints red hot and BoE surprises with 50bps hike

082 – UK inflation prints red hot and BoE surprises with 50bps hike

Released Monday, 26th June 2023
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082 – UK inflation prints red hot and BoE surprises with 50bps hike

082 – UK inflation prints red hot and BoE surprises with 50bps hike

082 – UK inflation prints red hot and BoE surprises with 50bps hike

082 – UK inflation prints red hot and BoE surprises with 50bps hike

Monday, 26th June 2023
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Last week, Fed Chair Powell testified on Capitol Hill with a hawkish testimony, but it was the UK inflation print and BoE’s 50bps hike that got the markets attention. This week is the ECB Sintra Forum with Wednesday scheduling a key panel discussion. Inflation prints out of the US, Canda, Australia, and Eurozone will be keenly followed, with final GDP numbers out of the US and UK towards the end of the week.

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