UK Latest: Sticky Inflation Data Adds to Doubt on BOE Rate Cut

UK Latest: Sticky Inflation Data Adds to Doubt on BOE Rate Cut

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For your information, you can find below the description of the video UK Latest: Sticky Inflation Data Adds to Doubt on BOE Rate Cut published by the Youtube channel Bloomberg Television:

UK inflation held steady at the Bank of England’s 2% target for a second straight month in June, but stubborn price pressures in the services sector added to doubts over whether the central bank will cut interest rates next month. Goldman Sachs International Chief European Economist Jari Stehn analyzes the print.

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