RSS GBP: Slower UK inflation should ease pressure on gilts – ING

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 RSS GBP: Slower UK inflation should ease pressure on gilts – ING

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Finally, some good news for the gilt market. December’s UK inflation – released this morning – slowed more than expected. Services CPI, which is what the Bank of England is mostly focused on, came in at 4.4% versus the consensus of 4.8%.
 
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