1. MUFJ: UK bond yields fell as inflation data strengthened the case for the Bank of England to cut interest rates in February. Given that the recent sell-off in government bonds has put pressure on the pound, UK bond yields fell or boosted the pound. 2. Deutsche Bank: Falling inflation in the UK clears the way for the Bank of England to cut interest rates in February. Inflation may pick up later, but the recovery may be temporary and is expected to fall near the target level next year. 3. ICAEW...
The US core CPI is expected to stabilize again. Will the market price of interest rate cuts change? Most Wall Street institutions expect the US core CPI to record an annual rate of 3.2% in September and a monthly rate of 0.2%.