UK inflation jumps to 3.5% — cementing rate hike expectations
U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels.
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UK inflation hits 3.5%, reinforcing BoE rate hike bets
- UK CPI rose to 3.5% y/y in September, hotter than expected, led by surging motor fuel prices
| Asset | Bias | Rationale |
|---|---|---|
| FTSE 100FTSE | 🔒 Members only | 🔒 Members only |
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- UK 2-year gilt yield
- GBP/USD
- BoE official commentary
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Published:2026-11-04 10:26:45 · Source:cnbc · Automatically aggregated and analysed — verify against the original source.