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Sterling edged up on 15 September after UK consumer price inflation hit 3.2% in August, the largest monthly jump in the annual rate in at least 24 years. The Bank of England expects inflation to peak at 4% and may tighten faster than peers.
Higher UK inflation and expected tightening support sterling, a currency effect rather than a feed supply factor. Impact on feed commodity prices is minimal.
reuters.comJoice AlvesSep 15, 2021Not 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.
