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UK February inflation expectations for the year ahead 3.9% vs 3.5% prior
GBP
- One year inflation 3.9% vs 3.5% prior
- 5-10 year inflation 3.9% vs 3.7% prior
That's not going to help the BOE's cause. The UK is in an interesting spot in the tariff war as Trump has called VAT taxes a tariff and the UK charges 20%. That said, UK-US trade isn't that big.
Source: Forex Live
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