LONDON (AP) — The inflation rate in Britain has picked up, keeping a squeeze on households facing the uncertainty of Brexit. Official figures released Wednesday show that consumer prices were up 2.5 percent annually in July, up from June's 2.4 percent rate.Read more on NewsOK.com
British Inflation Rate Rises
NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Wed, 08/15/2018 - 2:38am
BING NEWS:
- Profligate public spending amplifies inflation crisis
Financial markets might spit the dummy and unilaterally impose a much higher long-term cost of capital on everyone.
06/13/2024 - 4:47 pm | View Link - Inflation Cooled, but the Fed Expects Just One Rate Cut This Year
Fed officials gave no clear hint as to when rate cuts will start. But Jerome Powell, the Fed chair, said during a news conference that the policymakers were still looking for “greater confidence” that ...
06/12/2024 - 10:56 am | View Link - Fed forecasts just one rate cut this year as inflation fight grinds on
The latest snapshot will get a close study by central bankers as they wrap up their two-day policy meeting Wednesday.
06/12/2024 - 9:25 am | View Link - Federal Reserve sees some progress on inflation but envisions just one rate cut this year
The Fed’s latest projections are by no means fixed in time. The policymakers frequently revise their plans for rate cuts — or hikes — depending on how economic growth and inflation evolve over time.
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People in the US are still feeling the pinch of rising rents and electricity, while food inflation remained at about 2%. The rate of US inflation varied for other goods and services. The pace of price ...
06/12/2024 - 7:51 am | View Link - More
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