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Cable Bounces as Inflation Drops!

Name: Cable Bounces as Inflation Drops!
Uploaded: 2024-05-23
Channel: David Kindley
Description: Cable Bounces as Inflation Drops!The pound was boosted by hotter-than-expected CPI data, which led to Prime Minister Sunak calling a general election.Markets have now priced in an expected rate cut in the summer, with the BoE declaring the first cent

By David Kindley On May 23, 2024 27 0

Cable Bounces as Inflation Drops!
The pound was boosted by hotter-than-expected CPI data, which led to Prime Minister Sunak calling a general election.

Markets have now priced in an expected rate cut in the summer, with the BoE declaring the first central bank to do so.

Timestamps
GBPUSD 01:15

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CPI Pound Sterling (GBP)

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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