while a batch of softer UK inflation data dented the pound against the euro. British inflation slowed to an annual rate of 2.6% in March from 2.8% in February below analysts expectations of 2.7% ...

However, some economists warned that the data could ... growth and yet inflation remains stubbornly above target. Rates can't therefore fall too fast in case inflation spikes.

STORY: British inflation slowed more than expected in February. Official data released Wednesday (Mar 26) showed consumer prices rose by 2.8% in annual terms - slightly less than analysts expected.

Moving markets today: Asian markets surge on Wall Street’s record; Nvidia surpasses Microsoft in market cap; UK pay awards edge higher; focus shifts to UK inflation data, BOE decision US stocks ...

The U.K.'s central bank has kept interest rates on hold as inflation moves further above its target rate, even though the British economy ... 4.75% Thursday with new data showing inflation rising ...