UK February inflation expectations for the year ahead 3.9% vs 3.5% prior

• One year inflation 3.9% vs 3.5% prior
• 5-10 year inflation 3.9% vs 3.7% prior

That’s not going to help the BOE’s cause. The UK is in an interesting spot in the tariff war as Trump has called VAT taxes a tariff and the UK charges 20%. That said, UK-US trade isn’t that big.

This article was written by Adam Button at www.forexlive.com.