UK annual inflation fell by more than expected to 3.4% in February this year, its lowest since autumn 2021 and down from the 4% where it had been stalled since last December, writes Andrew Michael.
LONDON (Reuters) -Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors to pull bets on a Bank of England rate cut next month which ...
UK inflation has dropped by less than expected, despite falling gas and electricity prices, making it less likely that the Bank of England will lower interest rates at its next meeting in June.
Economists expect the personal-consumption expenditures price index to climb 2.7% year over year in April. (Photo by FREDERIC J. BROWN/AFP via Getty Images) The April reading of the Federal ...
LONDON (AP) — Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills, official figures showed Wednesday. The drop was ...
News broke on 22 May that consumer price index inflation decreased to 2.3% in April, its lowest point since October 2021 and close to the Bank of England’s 2% target. Despite the news giving Prime ...
Simply sign up to the UK inflation myFT Digest -- delivered directly to your inbox. UK shop inflation eased in May, helped by falling prices of furniture and other non-food items, according to ...
The Federal Reserve has decided to hold interest rates steady after its meeting on June 11 and 12, 2024. The federal funds target rate has remained at 5.25% to 5.5% since July 2023. To combat ...
Average UK house prices have increased for the first time since June last year, signalling potential green shoots in the UK’s property market. Meanwhile, rampant rent price inflation also slowed down ...
The UK could subject big tech companies to hefty fines if they don’t comply with new rules meant to promote competition in digital markets. On Thursday, lawmakers passed the Digital Markets ...
LONDON (AP) — Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills, official figures showed Wednesday. The drop was ...