UK inflation is back in focus after a hotter than expected CPI print. Inflation rose to 3.5% YoY in September, above the 3.4% forecast, while unemployment unexpectedly fell to 4.7%. Both readings put the Bank of England’s rate outlook in focus. In the US, weaker housing starts and pending home sales pointed to continued pressure on the housing market. Still ahead this week: US jobless claims, UK retail sales and flash PMIs. Here’s the economic calendar ↓