Latest in Inflation Surges
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UK inflation falls sharply to 1.7%, below Bank of England's target for first time in over three years
Economists polled by Reuters expected the headline rate to come in at 1.9% in its first dip below the Bank of England's 2% target since April 2021.Business - CNBC - October 16 -
Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live
UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...World - The Guardian - October 16 -
UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy ...World - ABC News - October 16 -
British pound and bond yields dive as U.K. inflation hits lowest in more than three years
Traders boost rate cut bets after U.K. inflation dives below 2%Business - MarketWatch - October 16 -
Rio Tinto's Australian Iron Ore Output Rises, but Miner Cautions on Cost Inflation
The world’s second-biggest miner by value said it produced slightly more iron ore from its Australian operations in the third quarter of 2024 but cautioned on inflation pressures.Business - The Wall Street Journal - October 15 -
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...World - ABC News - October 17 -
ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live
Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...World - The Guardian - October 17 -
ECB cuts interest rates to support flagging eurozone economy
Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown. Business live – latest updates The European Central Bank has intervened to ...World - The Guardian - October 17 -
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its targetWorld - ABC News - October 17 -
The Musk-led group driving millions to Trump’s White House bid
Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox NewsWorld - Financial Times - October 17 -
How the UK can improve its ‘offer’ to the world
Eli Lilly’s chief says the country must do more to attract business, yet budgets are tightWorld - Financial Times - October 17 -
Gold: ‘the ultimate perceived safe haven asset’?
BofA gets the goldbugWorld - Financial Times - October 17 -
Cheaper alternative to northern leg of HS2 under consideration
Feasibility study to be launched for a Birmingham to Manchester rail route that could be part-funded by private financeWorld - Financial Times - October 17 -
Labour’s unambitious reset with the EU
The UK government has constrained itself too much within its red linesWorld - Financial Times - October 17 -
Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget
Move by work and pensions secretary likely to cause concern among disability rights activistsWorld - Financial Times - October 17