Inflation could hit 4% this year: Would that stop the Bank of England cutting interest rates?
Inflation could hit 4 per cent this year if the Bank of England's forecasts only slightly exceed expectations. Yesterday, inflation unexpectedly jumped to 3 per cent in January, hitting its highest level in 10 months and higher than the 2.8 per cent financial markets had forecast.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the ...
This comes as the BOJ was revealed to have considered further rate hikes at its January meeting, warning of inflation risks ...
A small amount of inflation is normal and is seen as good for the economy by most economists. The Federal Reserve aims for inflation of 2% over the long run, and for much of the last 20 years, the U.S ...
As the Federal Reserve focuses achieving 2% inflation in setting monetary policy, so Trump’s policies, especially on tariffs, ...
Japan's core consumer inflation hit 3.2% in January for its fastest pace in 19 months, data showed on Friday, reinforcing ...
Explore why inflation forecasts remain challenging as persistent overshooting raises questions about the Fed's strategy. Read what investors need to know.
Mortgage rates went up this week because of an unexpected resurgence of inflation. The average rate on the 30-year ...
Nigeria's annual inflation rate stood at 24.48% in January, the statistics agency said on Tuesday, well down from the ...
Inflation is rising faster than expected but the latest data is unlikely to shift the Bank of England's stance on interest rates. It's expected to go even higher, hitting 3.7% later in the year ...
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