In a dramatic shift, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years. This sharp fall from April's 2.3% fuels intense speculation about an imminent interest rate cut, offering relief to millions of households.
In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo
UK inflation falls to 3.4%, its lowest in over two years, easing pressure on the Bank of England. Experts weigh in on what this means for interest rates and household budgets.
Former President Donald Trump proposes sweeping tariffs on Chinese goods as US inflation climbs, sparking fears of a new trade war. Experts weigh in on the economic risks.
New US tariffs imposed by former President Donald Trump have triggered a sharp rise in UK inflation, pushing consumer prices to their highest level in months. Experts warn of prolonged economic strain.
US inflation data surprises analysts by holding steady despite escalating trade tariffs, leaving Wall Street scrambling to reassess economic forecasts.
UK inflation falls to 3.4%, the lowest in over two years, easing cost-of-living pressures but still above the Bank of England's 2% target. What's next for interest rates?
Wall Street rallies as US inflation data fuels optimism, with the Dow Jones and Nasdaq Composite hitting record highs. How will this impact London and global markets?