UK: Energy shock risks complicating BoE cuts – Deutsche Bank | FXStreet
Deutsche Bank’s Sanjay Raja and Shreyas Gopal warn that renewed energy price shocks are clouding the UK inflation outlook. They note that Oil and gas prices have surged, and that around half of the...
Source: FXStreet
Deutsche Bank’s Sanjay Raja and Shreyas Gopal warn that renewed energy price shocks are clouding the UK inflation outlook. They note that Oil and gas prices have surged, and that around half of the UK CPI basket is now highly energy‑intensive, especially services.