U.K. Inflation Data Shows Monetary Policy is Still Fairly Restrictive -- Market Talk
Dow Jones03-25 17:27
0927 GMT - U.K. inflation data for February showed the annual headline inflation at 3%, unchanged from January and in line with the consensus forecast by economists in a WSJ poll. The steady inflation data and decelerating wage growth indicate that U.K. interest rates are still relatively restrictive, EFG Asset Management's Joaquin Thul says in a note. The Bank of England is likely to keep interest rates unchanged at 3.75% at the April policy meeting, he says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 05:27 ET (09:27 GMT)
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