Sterling Could Suffer After Weak Inflation Data
The lower-than-expected U.K. inflation data could lead to a period of sterling underperformance as the figures pave the way for interest-rate cuts at the Bank of England’s remaining meetings this year in November and December, ING said.
The lower-than-expected U.K. inflation data could lead to a period of sterling underperformance as the figures pave the way for interest-rate cuts at the Bank of England’s remaining meetings this year in November and December, ING said.
