New inflation data boosts rate cut hopes

New inflation data boosts rate cut hopes

Core inflation has fallen into the Reserve Bank's target band for the first time in more than three years.

Improved inflation data good news but the pain is not over

Headline inflation has finally fallen into the Reserve Bank’s target range for a rate cut, despite new data showing that the cost-of-living crisis is set to continue into the next decade.

Bond market too optimistic about rapid rate cuts, investors warn

Benign inflation data has boosted bets of a rate cut next month, but fund managers caution against the aggressive easing path implied by markets.

Sterling risk as BoE ponders rate cut acceleration

The pound has been flying high over the past few days, with a 1%-plus improvement against the euro and at a three-year high against the US dollar. This is despite the increasing possibility of the Bank of England not just cutting interest rates by 25 basis points next week, but signalling that those cuts will be stepped up. This is likely to affect sterling pairs negatively. Although we’re in a period of slow data for the UK, there is a mass of …