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UK inflation eases by less than anticipated ahead of Bank of England rate decision
LONDON (AP) — Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food prices, particularly chocolate, official figures showed Wednesday. The Office of National Statistics said consumer ...
UK inflation dips less than expected in May
British inflation eased less than expected in May after surging in April, official data showed Wednesday, fuelling expectations that the Bank of England will hold interest rates steady this week. The inflation update followed official data last week showing that Britain's economy shrank more than expected in April.
Britain's FTSE 100 rose on Wednesday as investors weighed positive inflation data ahead of key central bank meetings in the U ...
The Bank of England previously said it expects inflation to spike at 3.7% between July and September before dropping back to ...
Central-bank officials, who meet this week, are in a holding pattern as they wait to see what worsens first: inflation or the ...
Among the uncertainties facing Federal Reserve officials as they debate the proper setting of monetary policy, one of the ...
Rental prices fell for the 22nd straight month in May, which could also help drive inflation readings lower from reduced housing costs, a Realtor.com report said.
Officials at the Federal Reserve are on track to extend their wait-and-see posture on Wednesday. Our Nick Timiraos explains ...
UK inflation remained at its highest level in over a year, keeping price pressures uncomfortably high as the Bank of England ...
Business inflation expectations at the one-year horizon slipped to +2.4%, on average, in June from +2.5% in April, according ...
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