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U.K. Inflation Print Surprised: What Does That Mean For The Dollar?

Schwab Network

English - April 21, 2023 16:03 - 6 minutes - 174 MB - ★★★★★ - 23 ratings
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The U.K. inflation print definitely surprised, but you have to remember that the U.K. is also an outlier within the inflation story, with Brexit you have less mobility of labor, notes Jannis Meindl. He discusses the inflation picture and what investors need to know. he talks about the U.K. CPI for March 2023 which was released on April 19th. He then goes over central bank rates. He also talks about understanding the recent downtrends for the U.S. dollar (/DX). He previews the next FOMC meeting which takes place May 2-3. Tune in to find out more about the stock market today.