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Bank of England Cuts Interest Rates, but Signals Stickier Inflation

The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Top stories - The New York Times - November 7
Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines

The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed’s overall rate edges back to its 2 percent target.
Business - Inc. - November 7
Why inflation helped tip the election toward Trump, according to experts

Inflation has helped fuel a global backlash toward incumbents, experts say.
Top stories - ABC News - 6 days ago

Bank of England Cuts Interest Rates, but Signals Stickier Inflation