The cost to protect against U.K. inflation exceeding 2 percent in one year is at 104 basis points, the highest level since September 2014, after the U.K.’s vote to leave the European Union led to the pound’s slump. The options premium is now more than double the one-year average of 46 basis points. Barclays Capital real effective exchange rate for the pound has declined to 95, the lowest since August 2013.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE