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Investment commentators described the Bank of England's first rate hike in a decade as largely priced in and underwhelming, with the governor's remarks suggesting few further hikes. The hike followed CPI inflation rising to 3.0%, a 5.5-year high.
The muted outlook for UK rates has little direct effect on feed commodity prices, though it reinforces a softer sterling that affects UK feed buyers' import costs.
trustnet.comJonathan JonesNov 2, 2017Not 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.
