UK inflation fell to a 15-month low of 7.9 per cent in June, a bigger than expected drop that sent the pound falling, rallied property shares and came as a boost for prime minister Rishi […]
LONDON — UK inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually. Economists polled by Reuters had projected an annual rise in the headline consumer price index of 8.2%, following May’s […]
In the summer of 2020, something counterintuitive occurred in the housing market. Despite the unemployment rate remaining in double digits, the market underwent a significant shift, transitioning into a boom. This surge was a direct result of […]
Inflation in Britain has dropped to 7.9 per cent in the year to June, according to the Office for National Statistics (ONS). Despite inflation dropping more than expected, it still remains high – but is […]
As U.S. inflation continues to cool, stocks are riding a wave of optimism. During the past week, the S&P 500 SPX, 0.05% climbed above 4,500 for the first time in more than 15 months, after both the consumer price […]
The entire world was bracing for a US recession at the start of 2023. Over six months down the line, the world’s largest economy is not shrinking, at least not yet. But if the US […]
Dollar index rooted below 100 Euro scales fresh 16 month peak, best week since Nov Aussie flat after new RBA governor announcement SEK set for biggest weekly gain since 2009 LONDON/SINGAPORE, July 14 (Reuters) – […]
The investment chief at one of the world’s top hedge funds has warned the US battle with inflation is far from over, and bets on a rapid series of interest rate cuts from the Federal […]
US inflation fell sharply to 3 per cent in June, sending the dollar lower and highlighting the Federal Reserve’s relative success at bearing down on price pressures. The improved picture in Wednesday’s data stands in […]
The U.S. inflation rate cooled to 3 percent last month, its slowest pace in two years, the Labor Department said Wednesday. But mortgage rates haven’t gotten the memo yet — the average rate on 30-year mortgages increased to 7.07 […]
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