3 weeks GBP: Slower UK inflation should ease pressure on gilts – ING FXStreet

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%.

Inflation · U.K. · U.K. Government Bonds (GILT)