GBP/USD drops below 1.2200 after UK CPI inflation data. The United Kingdom (UK) Consumer Price Index (CPI) rose 2.5% year-over-year (YoY) in December after increasing by 2.6% in November ...
Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm - The cost of Government borrowing eased on Wednesday morning in a tentative sign of relief among traders after more ...
The UK Consumer Prices Index (CPI) dropped to 2.5% in December, below FactSet’s consensus of 2.8% for the month.
The central bank reduced borrowing costs in August for the first time since early 2020, from a 16-year high of 5.25 percent as UK inflation returned to normal levels. It cut those further in November, ...
UK inflation eased to 2.5%, missing expectations, while FTSE 100 rose 0.52% amid optimism for moderated Bank of England rate hikes.
There was a surprise drop in the rate of UK inflation in December. The Consumer Prices Index (CPI) rose by 2.5% on an annual basis, down from 2.6% in November. The next report will be published on ...
The rise in the inflation rate means higher product prices and a fall in the purchasing power of money. When general prices ...
Child Benefit is one of the most significant social security benefits in the UK, and the government has confirmed that it will increase by 1.7% in April 2025. This means child benefit will be worth: ...
Better-than-expected Core CPI for December led to a sharp fall in US Treasury yields as stocks gained premarket, boosted by phenomenal banking results.
Analysis of how softer US and UK inflation readings impact markets, central bank policies and trading opportunities. Get key ...