- U.K. Consumer Price Index (CPI) to Slow for Fourth Time in 2014. - Core Inflation to Fall Back From 2.0%- Marked Fastest Rate of Growth Since September. Trading the News: U.K. Consumer Price Index A marked slowdown in the U.K.’s Consumer Price Index (CPI) may generate a larger pullback in the GBP/USD as it limits Bank of England (BoE) scope to normalize monetary policy sooner rather than later. What’s Expected: ...