April’s CPI inflation did show a big fall in headline inflation – but less than the market had been expecting. Even worse, core inflation actually rose. Our UK Economics team hosted an online briefing shortly after the data release to talk through the latest evidence about the UK inflation picture and its implications for monetary policy and markets. During this 20-minute session, the team addressed key issues, including:
- The big takeaways from the April CPI report;
- What this means for the Bank of England;
- The implications for UK financial markets.