UK inflation slows in February as Brexit hit to pound fades
Tuesday, 20 March 2018 LONDON (Reuters) - British inflation was weaker than expected in February as the impact of the 2016 Brexit vote faded, easing some of the squeeze on households' spending power but doing little to change bets on a Bank of England rate rise in May.
British inflation was weaker than expected in February as the impact of the 2016 Brexit vote faded from the figures, easing some of the squeeze on consumers who have seen their pay rise more slowly than prices. As David Pollard reports, the data comes a day after Britain and the EU agreed to a...
Aug.02 -- Simon Derrick, chief currency strategist at BNY Mellon, discusses the outlook for today's Bank of England decision, inflation and the impact of Brexit uncertainty on monetary policy. He also..