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Bank of England poised to raise interest rates to 4.25%

Surprise spike in inflation prompting Bank to take action

QQQ Jun 2023 200.000 put

OPR - OPR Delayed price. Currency in USD

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(-17.74%)

As of 02:48PM EDT. Market open.

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Zacks
CPI Shrinks as Expected; Will the Fed Pause?
Year-over-year CPI, or the "inflation Rate," came in at +6.0%, just as expected, and 40 bps lower than January.
Yahoo Finance
Construction jobs hold the key to understanding Friday's February jobs report
Wall Street is looking for signs of a labor market slowdown ahead of a potential recession.
Zacks
Jobless Claims Show Signs of Weakness (Finally!)
Initial Jobless Claims raced ahead to 211K last week from an unrevised 190K the previous week -- the highest read we've seen so far in 2023.