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Navigating inflation volatility: power your business decisions with precise rates data
By Ian Sams
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On Wednesday, 19th February, the UK’s latest inflation figures were released, revealing an unexpected jump from 2.5% to 3%, marking the highest level in 10 months. This is in stark contrast to September last year, where we saw CPI drop to 1.7% – its lowest in over three years, falling below the Bank of England’s (BoE) 2% target.
This week’s increase could impact the BoE’s decision to further cut interest rates, as they did at the start of February when rates were reduced from 4.75% to 4.5%.
Over the past 9 months, the 1Y GBP SONIA and 1Y UK CPI Inflation swap rates have seen sharp rises and falls in response to these economic shifts, as illustrated in the graph below.
How TraditionData helps:Navigating these changes requires reliable, accurate data. We provide extensive coverage across GBP interest rates and inflation swaps, delivering precision data to power your business decisions with confidence, even in volatile markets.
The most comprehensive view of global inflation.
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