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UK inflation heat puts Bank of England
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The economy could soon see a big drop in shelter prices that slashes the current inflation rate by more than half, Rosenberg Research said.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Food Prices Up 4.9% To Highest Level Since February Prices rose 3.8% in the year to July, up from 3.6% the previous month, stoking fears
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Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes
Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market expectations that the Bank of England will cut interest rates again this year.
The chancellor will have a particular eye on food inflation because people are especially sensitive to grocery price rises. At 4.9%, it’s the highest since February 2024, driven
Stocks finished mixed on Wednesday, with the Dow Jones Industrial Average securing a back-to-back gain and the S&P 500 dropping for a fourth consecutive day, after the Federal Reserve's most recent [m
Mexico's headline inflation likely rebounded in the first half of August underpinning prospects that the central bank would cut its key interest rate again, even though the rate remained within the official target,