UK Inflation Jumps to 3.1%: Will the BoE Keep Rates Higher for Longer?

UK inflation rose to 3.1% in August, up from 2.9% in July and still above the Bank of England’s 2% target. According to the Office for National Statistics (ONS), the figure was in line with market expectations.  Prices rose 0.5% during the month, compared with 0.3% in July. Core inflation, which excludes food and energy […] Read The Full Article UK Inflation Jumps to 3.1%: Will the BoE Keep Rates Higher for Longer? On Coin Edition.