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Inflation May See Sharp Further Fall Below 5% In October - Pill

BOE
  • BoE’s Pill is speaking in a virtual Q&A web event. Below headlines from Bloomberg:
  • `INFLATION REMAINS TOO HIGH' IN UK, RATES POLICY REMAINS `RESTRICTIVE' FOR UK
  • ALSO SEEING MORE SIGNS OF SLOWING ACTIVITY... but... SLOWDOWN IN UK IS HITTING SUPPLY SIDE
  • INFLATION IS MORE PERSISTENT THAN WE'D LIKE
  • Expecting `QUITE A SHARP FURTHER FALL' IN OCT. INFLATION, MAY DROP BELOW 5% (due to be released Nov 15). UK INFLATION WILL MATCH REST OF WORLD SHORTLY

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