UK inflation jumps to 3.5% in September as Bank of England November hike bets firm
UK inflation accelerated to 3.5% in September, beating forecasts on surging fuel prices and leaving a Bank of England rate hike on November 5 all but locked in.
Stories tagged “CPI”
4 stories on CPI from MarketRadar.
Bitcoin holds $80,000 line as hot CPI and Kospi crash shake markets
Bitcoin tested $80,000 for the second time in a week as a hotter-than-expected September CPI print repriced Fed hike odds — then bounced back above $82,200 as buyers stepped in.
EUR/USD sinks to weakest level since May 2025 after hot September CPI revives Fed hike bets
EUR/USD fell through the 1.1150 floor to just above 1.1100, its weakest since May 2025, after September US inflation came in hotter than expected and lifted October Fed hike odds from about 20% to roughly 50%.
US CPI preview: MUFG sees the dollar index at 105 if September inflation runs hot
Hours before September's US CPI print, MUFG argues a hot reading — plus Middle East energy shocks — could push the dollar index to 105, with EUR/USD sliding below 1.10.