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The Bank of England held rates at 5% in line with expectations, with eight members voting to hold and Swati Dhingra voting for a cut. The pound rose against the dollar and euro after the decision.
UK core inflation rose to 3.6% and services inflation to 5.6%.
Higher UK inflation and a hold on rates support a firmer pound, which lowers sterling costs for imported feed. The effect on global feed prices is small.
euronews.comSep 19, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
