inflation, November consumer price
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Millions of Americans braced for runaway inflation in response to President Trump's aggressive import tariffs. They're still waiting.
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U.S. inflation was rising before the shutdown. Tardy CPI to show if prices have gotten worse.
The U.S. jobs market isn’t so hot, investors learned this week, but inflation is hotter than anyone would like. Just how much? We’ll find out Thursday.
Based on this week’s jobs report, growth in average hourly earnings slowed to 3.5%, while price inflation is heating up.
Analysts say the latest inflation data strengthens the likelihood of a cut in interest rates by the Bank of England's Monetary Policy Committee on Thursday. That should make it cheaper for consumers to borrow money, but bring lower returns for savers.
The Bank of England will likely deliver a pre-Christmas interest-rate cut on Thursday as concerns shift away from inflation and toward the UK’s struggling economy and jobs market.
The Bank of England is expected to lower interest rates on Thursday after a sharp slowdown in inflation and a weakening in economic growth, but a string of further cuts in 2026 looks unlikely given Britain's lingering price pressures.
The U.K.'s inflation rate cooled sharply to 3.2% in November, boosting the chances of the Bank of England cutting interest rates at its final meeting of the year on Thursday. Economists had expected inflation to stand at 3.
The biggest undershoot in UK inflation in at least a year has added to signs of a cooling economy, economists warned on Wednesday, as households restrain spending and the labour m
LONDON, Dec 17 (Reuters) - British inflation fell much more sharply than forecast in November to 3.2%, its lowest since March, from 3.6% in October, official data showed on Wednesday, cementing market expectations that the Bank of England will cut interest rates on Thursday.
President Donald Trump used his Wednesday night address to largely blame former President Joe Biden for most of the Nation’s shortcomings.