British economy is at risk again

British economy is at risk again Bank of England began printing banknotes bearing the portrait of the new King Charles III on four polymer banknotes in denominations of 5, 10, 20 and 50. The new money will be put into circulation only in the summer of next year, and by this time they will have time to seriously cheaper. The latest statistics turned out to be worse than the forecast: in March, inflation is still above 10%, and this is very unnerving for investors.Inflation is still declining, but both the annual and monthly figures fell short of the forecast of 0.3% (10.1% and 0.8%, respectively). The main reason for the weak dynamics in food prices. Market bets on the fact of the next BOE rate hike by 25 points are actively growing. By the way, the FTSE 100 index remained virtually unchanged.What does it all mean?Probably, BOE will be forced to raise the rate again. An increase in yields on UK government bonds has already been recorded today (approximately +20 bp on three-year bonds). But what is happening now with the Bank of England can be considered a strong psychological factor for the overall market.Regional inflation rates are still less than 10% (5% in the US, 6.9% in the Eurozone) and are declining  this is a clear positive, albeit a weak one. However, the energy crisis that started this process is almost over, energy prices are stabilizing, and the current statistics quite rightly show that inflation is not so easy to beat, and not only in the UK.Goods that are controlled by consumer demand  food, medicine, fuel, services  are actively rising in price, and analysts do not have time to correctly take this into account in their forecasts. This is a common problem for both the EU and the US, so high-interest rates will stay with us for a long time. And the longer rates remain high, the worse the world economy in general and the stock market, in particular, will feel.So for the British market, pessimistic ideas are still relevant.Profits to yall!#ForexChief #BOE #stocks #Market #forexnews #FTSE #Eurozone #worldnews #bonds