As per the latest reports, the latest inflation reading in England has pushed back above the Bank of England’s 2% target. With this, a final rate cut this year now seems less likely. Notably, with the release of the inflation data, the British Pound saw a minor increase, from 0.1% to $1.2692 during the morning hours (GMT). Further, it also gained 0.4% against the euro, trading at €1.20. Furthermore, this inflation reading was at its highest since April, which was increased by household energy bills as per ONS (Office of National Statistics). Moreover, the Core CPI (excluding volatile food and energy items) recorded higher by 3.3% Y.o.Y in October, increased from 3.2% growth in September, against the market forecast of 3.1%.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed