In spite of rising consumer prices, retail sales jumped by 3.8% in January, reversing a 2.5% decline from December. Claimant counts, inflation, and retail sales were key stats to define BoE monetary policy near-term. This article was originally posted on FX Empire More From FXEMPIRE: Capital Control Measures in Russia Highlight the Use Case for Crypto Uncle Sam Turns to Crypto Exchanges to Impede Russian Sanction Evaders Terra (LUNA) Targets $100 After Testing Resistance at $92 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.