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The post Shocks driving UK’s high inflation will fade appeared on BitcoinEthereumNews.com. In an op-ed published in The Times, Bank of England (BoE) policymaker Swati Dhingra argued that shocks driving the UK’s high inflation will fade and that they should not be overly cautious about cutting interest rates. Dhingra further added that the UK is not suffering from more food inflation than it’s peers and noted that earnings play a smaller role in the services’ Consumer Price Index (CPI). Market reaction These comments received a dovish score of 2.0 from FXStreet BoE Speech Tracker. Nevertheless, GBP/USD clings to daily recovery gains near 1.3400 in the Americn session. Source: https://www.fxstreet.com/news/boes-dhingra-shocks-driving-uks-high-inflation-will-fade-202509261516The post Shocks driving UK’s high inflation will fade appeared on BitcoinEthereumNews.com. In an op-ed published in The Times, Bank of England (BoE) policymaker Swati Dhingra argued that shocks driving the UK’s high inflation will fade and that they should not be overly cautious about cutting interest rates. Dhingra further added that the UK is not suffering from more food inflation than it’s peers and noted that earnings play a smaller role in the services’ Consumer Price Index (CPI). Market reaction These comments received a dovish score of 2.0 from FXStreet BoE Speech Tracker. Nevertheless, GBP/USD clings to daily recovery gains near 1.3400 in the Americn session. Source: https://www.fxstreet.com/news/boes-dhingra-shocks-driving-uks-high-inflation-will-fade-202509261516

Shocks driving UK’s high inflation will fade

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/09/27 19:22

In an op-ed published in The Times, Bank of England (BoE) policymaker Swati Dhingra argued that shocks driving the UK’s high inflation will fade and that they should not be overly cautious about cutting interest rates.

Dhingra further added that the UK is not suffering from more food inflation than it’s peers and noted that earnings play a smaller role in the services’ Consumer Price Index (CPI).

Market reaction

These comments received a dovish score of 2.0 from FXStreet BoE Speech Tracker. Nevertheless, GBP/USD clings to daily recovery gains near 1.3400 in the Americn session.

Source: https://www.fxstreet.com/news/boes-dhingra-shocks-driving-uks-high-inflation-will-fade-202509261516

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