UK inflation data bolsters odds of BOE keeping bank rate unchanged tomorrow

That is down from ~37% previously coming into today. That means traders are seeing some ~74% odds of the BOE keeping rates unchanged tomorrow. And that is pretty much the consensus expectation in any case. From earlier: UK August CPI +2.2% vs +2.2% y/y expected

This article was written by Justin Low at www.forexlive.com.