The Bank of England's rate cut challenge: stumbling growth and stubborn inflation
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...
European stocks rally following US and UK inflation data
European stock markets experienced a strong rally following cooling inflation data from the UK and the US on Wednesday.
European markets gain, UK inflation slows to 2.5% in December
London (UKX) +0.67% Annual inflation rate in the UK unexpectedly edged lower to 2.5% in December. The Retail Price Index in the United Kingdom advanced by 3.5% year-on-year in December, below-market ...
European Stocks Rise. Investors Can Thank Cooling U.K. Inflation.
European stocks were rising Wednesday after a surprise drop in the U.K. inflation rate. U.K. inflation fell to 2.5% in ...