You Searched For "uk inflation" and got 20 results
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5 mins read
The odds of no interest-rate cuts in 2024 are growing
In today's big story, we're looking at the chances of there being no rate cuts this year, and how t…
Dan DeFrancesco
2 mins read
The Bank of England hikes interest rates to 1%, the highest level since 2009
The UK's central bank, grappling with rapidly rising inflation, on Thursday raised its main interes…
Harry Robertson
1 min read
The pound slides after soaring food prices drive UK inflation back to a 40-year high of 10.1%
The British pound fell below $1.13 Wednesday after UK inflation hit 10.1% in September, returning t…
Zahra Tayeb
1 min read
US gas prices hit fresh high of nearly $5 a gallon as UK sees record equivalent to $8.60
Average gas prices hit a fresh all-time high Wednesday, according to AAA. Drivers in the US are pay…
Brian Evans
2 mins read
UK inflation soared to a 30-year high in December — and economists say it's going higher
The red-hot inflation reading piles the pressure on the Bank of England to take strong action to ta…
Harry Robertson
2 mins read
OPEC slashed oil production last month as the group kicks off plan to boost sagging prices
OPEC+ scaled back oil output by 490,000 barrels a day last month, Bloomberg reported, with half of …
Yuheng Zhan
3 mins read
Elon Musk recommends owning homes and stocks when inflation is high. Here are more ideas from 5 shelter-hunting money managers.
Insider asked five asset managers to look beyond the "US stocks are great" box — and share there id…
Shalini Nagarajan
2 mins read
More major energy and commodities firms are diverting ships away from the Red Sea, despite attempts to stop Houthi attacks
Australian miner BHP Group redirected Asian shipments to Europe, avoiding the Red Sea. It follows s…
Yuheng Zhan
1 min read
The UK should ditch tax cuts, hike rates, and accept a deeper recession to avoid higher inflation, Mohamed El-Erian says
An aggressive rate hike could cause a recession, but the UK is past the point of hoping for a soft-…
Jennifer Sor
1 min read
Several markets around the world have completely unwound their Fed pivot rally
Yields on the 10-year note in the UK, Germany, and Canada are higher than where they where before t…
Aruni Soni
2 mins read
UK inflation soared to its highest level in a decade in November, piling pressure on the Bank of England to raise interest rates
Economists said the Bank of England is in a tough spot, having to weigh decade-high inflation again…
Harry Robertson
2 mins read
UK inflation jumped to a 30-year high of 5.5% in January, putting pressure on the Bank of England
The Bank of England expects UK inflation to surge to 7.25% in April, far above its target rate of 2…
Harry Robertson
2 mins read
The Red Sea crisis could trigger an inflation spike as shipping costs soar
An index that tracks container rates spiked 61% last week, with big companies rerouting their vesse…
George Glover
3 mins read
Bitten by inflation, Indians buying fewer clothes this season
Last year, the Dusshera-Diwali festive season was the first after two years of lockdown. As expecte…
3 mins read
Billionaire investor Leon Cooperman called inflation a friend of common stocks. Here's why he might be right.
Investors have shifted focus from last month's inflation scare to scrutinizing corporate earnings a…
Shalini Nagarajan
3 mins read
Global stocks rise, but US futures ease ahead of Biden talks in Europe as UK inflation hits a 30-year high
The MSCI All-World index is heading for a 1% gain this week, but trading in Europe is jittery ahead…
Amanda Cooper
6 mins read
Taylor Swift fans say you can't put a price on the memories as The Eras Tour hits the UK, injecting a potential $1.2 billion into the economy
With The Eras Tour set to light up Liverpool, Cardiff, and London, Taylor Swift's presence is expec…
Eve Crosbie
2 mins read
Stock market opens to fluctuations, eyes on global and domestic factors for market resilience
The Sensex recorded a low opening, down by 137.69 points at 71923.44, while the Nifty also started …
ANI
4 mins read
The Fed is about to deliver a momentous policy decision. It'll be a choice between keeping the focus on inflation or stemming the banking chaos.
Few probably envy the position the Fed finds itself in. Insider breaks down the issues facing the c…
Max Adams
2 mins read
UK inflation unexpectedly cools in September - but analysts say it's the 'lull before the storm'
UK inflation slowed in September largely due to a measurement quirk, economists said. It's expected…