Disliked{quote} I agree and normally this is true. However, inflation in UK is so damn high BoE has no other choice but keep raising rates. CPI coming lower in US at 3% and 7.9% in UK isn't the same. Yes, they are both below expectation, however in UK it's almost 8% while in US 3%. Fed will hike once more and probably Powell should refrain from preparing markets for another increase, because at this point it's unnecessary. Powell is Powell however and will probably say they are data driven and won't exclude the possibility of Fed raising rates in September...Ignored
3
