UK CPI forecast at 5% by mid-next year... base rate at 4%, US to hold
Original headline영국 CPI 내년 중반 5% 전망…기준금리 4%, 미국은 동결
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The Bank of England raised its policy rate by 25 basis points to 4% at its November 4 meeting, while the U.S. Federal Reserve held rates at 3.75–4.00% on October 28. September CPI inflation stood at 3.7% in the U.S. and 3.5% in the U.K., according to BLS and ONS data, respectively. The Fed targets 2% PCE inflation rather than CPI, and BEA reported September PCE inflation at 3.6%. The diverging policy paths highlight persistent U.K. inflation pressure even as the Fed pauses.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Federal Reserve, Bank of England, UK Office for National Statistics, US Bureau of Labor Statistics, US Bureau of Economic Analysis