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inflation, Bank of England
UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.
Inflation rises above Bank of England target again - what it means for your money
Inflation shows how the price of goods and services has changed over time, with the Consumer Price Index (CPI) being the primary measure
Inflation soars back above Bank of England target in sharpest spike for two years
Inflation
has rebounded back above the Bank of
England
’s 2 per cent target, driving up the cost of living at an accelerated rate. Having hit a 41-year high of 11.1 per cent in 2022, consumer price
inflation
(CPI) had dropped to a three year low of 1.7 ...
1d
UK Inflation Could Undershoot Forecasts, Requiring Faster Rate Cuts, BoE's Ramsden Says
LONDON (Reuters) - British inflation is at least as likely to undershoot the Bank of England's latest forecasts as it is to ...
2d
on MSN
Inflation set to rebound after jump in energy bills
Data is expected to show a significant rebound in inflation in October after it dropped to a three-year low in the previous ...
2d
on MSN
Higher energy bills push UK inflation to 6-month high in October
LONDON -- Inflation in the U.K. rose sharply to a six-month high in October and back above the rate targeted by rate-setters ...
1h
Best savings accounts that offer above-inflation rates, 22 November
After years of low rates, high-yield savings accounts are having a moment even as the Bank of England (BoE) cut interest rates to 4.75%. While homeowners face high mortgages, there is a silver lining ...
1d
A guide to inflation and what it means for households and the economy
The Office for National Statistics said inflation rebounded from the three-year-low it recorded in September to surpass the 2 ...
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