UK inflation and borrowing both topped forecasts, a blow to Healey. That is a double miss on the two numbers that set the UK rate and fiscal backdrop, so gilts stay exposed and the burden of proof shi

What happened: UK inflation and borrowing came in above forecasts, a setback for chancellor Healey ahead of the Budget. Why it matters: The inflation figure will cement expectations of a Bank of England rate rise in November, according to the content. Key numbers: Inflation and borrowing topped forecasts; a BoE rate rise is expected in November.

UK inflation exceeded expectations at 3.5% in September, a key macro data surprise.

UK inflation exceeded expectations at 3.5% in September, a key macro data surprise. — impact context not separately stored; see What changed.