The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...

Both BofA and Morgan Stanley forecast the central bank to reduce policy rates twice each in August and November this year, ...

In the UK, a sizable upward revision to May's payroll data, combined with hotter-than-expected inflation data, takes some of ...

Major Wall Street brokerages have retracted forecasts for a September interest rate cut by the Bank of England as inflation ...

The figure for June marks the fastest rate of inflation, which measures how quickly prices are rising, since January 2024.

THE UK’s rate of inflation rose in June as food prices soared – and to an almost 18-month high. The Office for National ...

WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.

Bank of England interest rate-setter Catherine Mann said on Tuesday that inflation pressures remained a challenge despite a ...

The increase was largely fuelled by smaller-than-expected falls in fuel prices, a sharp rise in air fares, and continued ...

All eyes are on the UK's jobs market as Thursday's upcoming figures are expected to determine the Bank of England's next move ...

LONDON (AP) — UK inflation rose to a near 18-month high in June as food prices surged for the third month running, official figures showed Wednesday. Economists said the unexpected increase could ...

There “doesn’t seem to be enough" in the new high inflation numbers "to derail an interest rate cut in August,” according to ...