High U.K. Inflation Lowers Chance of BOE Rate Cut in June -- Market Talk

Dow Jones

May 21, 2025

0704 GMT - Stronger-than-expected U.K. inflation for April raises concerns about inflationary pressures and reduces prospects of the Bank of England cutting interest rates in June, Patrick O'Donnell, senior investment strategist at Omnis Investments, says in a note. U.K. annual headline inflation accelerated to 3.5% in April, above the 3.4% consensus forecast by economists in a WSJ poll. Annual core inflation advanced to 3.8%, stronger than the 3.6% consensus forecast in a WSJ survey. "This data should call into question whether there is a cut at the subsequent meeting in August," O'Donnell says. After the release, money markets are now not fully pricing in a U.K. rate cut until November, LSEG data show. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

May 21, 2025 03:04 ET (07:04 GMT)

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U.K. annual headline inflation accelerated to 3.5% in April, above the 3.4% consensus forecast by economists in a WSJ poll. Annual core inflation advanced to 3.8%, stronger than the 3.6% consensus forecast in a WSJ survey. \"This data should call into question whether there is a cut at the subsequent meeting in August,\" O'Donnell says. After the release, money markets are now not fully pricing in a U.K. rate cut until November, LSEG data show. (miriam.mukuru@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 21, 2025 03:04 ET (07:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>High U.K. Inflation Lowers Chance of BOE Rate Cut in June -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHigh U.K. Inflation Lowers Chance of BOE Rate Cut in June -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-21 15:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0704 GMT - Stronger-than-expected U.K. inflation for April raises concerns about inflationary pressures and reduces prospects of the Bank of England cutting interest rates in June, Patrick O'Donnell, senior investment strategist at Omnis Investments, says in a note. U.K. annual headline inflation accelerated to 3.5% in April, above the 3.4% consensus forecast by economists in a WSJ poll. Annual core inflation advanced to 3.8%, stronger than the 3.6% consensus forecast in a WSJ survey. \"This data should call into question whether there is a cut at the subsequent meeting in August,\" O'Donnell says. After the release, money markets are now not fully pricing in a U.K. rate cut until November, LSEG data show. (miriam.mukuru@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 21, 2025 03:04 ET (07:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BOE","symbol_name":"黑岩全球成长基金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2537050976","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537050976","pubTimestamp":1747811040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0704 GMT - Stronger-than-expected U.K. inflation for April raises concerns about inflationary pressures and reduces prospects of the Bank of England cutting interest rates in June, Patrick O'Donnell, senior investment strategist at Omnis Investments, says in a note. U.K. annual headline inflation accelerated to 3.5% in April, above the 3.4% consensus forecast by economists in a WSJ poll. Annual core inflation advanced to 3.8%, stronger than the 3.6% consensus forecast in a WSJ survey. \"This data should call into question whether there is a cut at the subsequent meeting in August,\" O'Donnell says. After the release, money markets are now not fully pricing in a U.K. rate cut until November, LSEG data show. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BOE":"黑岩全球成长基金"},"translate_title":"英国高通胀降低了英国央行六月降息的可能性——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOE":1},"content_text":"0704 GMT - Stronger-than-expected U.K. inflation for April raises concerns about inflationary pressures and reduces prospects of the Bank of England cutting interest rates in June, Patrick O'Donnell, senior investment strategist at Omnis Investments, says in a note. U.K. annual headline inflation accelerated to 3.5% in April, above the 3.4% consensus forecast by economists in a WSJ poll. Annual core inflation advanced to 3.8%, stronger than the 3.6% consensus forecast in a WSJ survey. \"This data should call into question whether there is a cut at the subsequent meeting in August,\" O'Donnell says. After the release, money markets are now not fully pricing in a U.K. rate cut until November, LSEG data show. (miriam.mukuru@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 21, 2025 03:04 ET (07:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}