With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it's a tough case to sell that higher interest rates are having a substantially negative impact on the economy. So what if policymakers just decide to keep rates where they...
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Inflation in the U.K. eased to 3.2% in March from 3.4% in February, the Office for National Statistics said on Wednesday, but a set of higher-than-expected figures spurred investors to push back bets on the timing of the first Bank of England rate cut. Economists polled by Reuters had expected...
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Inflation in the U.K. eased to 3.2% in March from 3.4% in February, the Office for National Statistics said on Wednesday, but a set of higher-than-expected figures spurred investors to push back bets on the timing of the first Bank of England rate cut. Economists polled by Reuters had expected...
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Workers deliver drinks to a pub in the City of London, UK, on Tuesday, April 16, 2024. Bloomberg | Bloomberg | Getty Images Inflation in the U.K. eased to 3.2% in March from 3.4% in February, the Office for National Statistics said on Wednesday, but a set of higher-than-expected...