Q3 CPI reaction - on track
Update: 2024-10-15
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In this quick podcast Nick and Kelvin give their reaction to the just-released CPI inflation data for Q3.
Headline inflation is now within the target band of 1-3% but there's plenty of detail and nuance to discuss, including the breakdown of tradeable to non-tradeable and the upside and downside risks of what's to come.
Perhaps most importantly, what could it mean for the next OCR decision on November 27? Is a 75 basis point cut on the cards?
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