Calmer Conditions For Banks, Sticky Food Prices And Pound Lifts On UK Interest Rate Expectations

Food Prices

Markets more positive amid hopes that banking contagion has been contained. Oil price hovers just under $78 as calm returns and demand expectations lift. Andrew Bailey stressed interest rates could move higher if inflationary pressures continue. Sticky prices mean consumers are still in a jam with food price inflation hitting fresh record levels according to […]

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