This is an important week for the British pound and we can see the market full of anticipation for the Bank of England’s (BoE) quarterly inflation report to be released on Wednesday (5/13). The anticipation has been positive, meaning the market seems to expect the BoE to have an optimistic view of inflation despite the 0.0% annual CPI inflation print for March. Low inflation has been keeping the door open for a rate cut, but […]
