BOE's Mann: We see very high UK inflation expectations over 1-year horizon

• Medium-term inflation expectations are elevated in the UK and US
• Uncertainty about inflation strengthens the case for front-loading rate hikes
• High inflation expectations could feed into inflation today
• UK inflation base is broadening and not just in specific sectors
• Output is slowing but PMI data suggests growth is positive and the labor market is strong
• In near-term, tighter US monetary policy tends to boost UK inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term because of weaker pound

Conservatives are pining for a corporate tax cut and other measures for business. I imagine that's going to be a big part of the leadership race. Javid tried to be Chancellor as a fiscal conservative but was replaced with Sunak who didn't mind running a huge deficit. Now, Sunak is the betting favorite and I think that tells you which way the wind is blowing