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...
Something strange has been happening with jobless claims numbers lately
Calling the state of the U.S. jobs market these days stable seems like an understatement considering the latest data coming out of the Labor Department. That's because most of the past several weeks have shown that first-time claims for unemployment benefits haven't fluctuated at all — as in zero. For...
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...