Wall Street and FTSE climb as unexpected US inflation drop raises hopes for interest rate cuts
Wall Street surged higher on Thursday as official figures delayed by the government shutdown showed that the annual…
London flat and European stocks mixed as UK inflation dip lifts hopes for December interest rate cut
The FTSE 100 (^FTSE) was flat on Wednesday while European stocks were mixed as fresh data showed UK…
‘Unthreatening’ inflation reading makes Bank of Canada rate cut tomorrow ‘obvious course of action’
The August inflation data come one day before the Bank of Canada’s September interest rate announcement. (Photo by…
Charting the Global Economy: US Consumers Remain Resilient
Shoppers on 5th Avenue in New York. (Bloomberg) — US consumer spending rose in July by the most…
Inflation report drops Tuesday as economists warn prices are going up
The Labor Department will release its latest monthly inflation report on Tuesday at a critical time for the economy,…
Stocks rise as UK inflation slows ahead of Bank of England decision
Asian equity markets were mixed overnight, with the Hang Seng index (^HSI) leading the losses in the region,…
UK inflation slows to 3.4% in May as transport costs ease
UK inflation fell to 3.4% in May, in line with economists’ expectations, offering fresh evidence that price pressures…
Spain’s 12-month EU-harmonised inflation in May falls to lowest since October
MADRID (Reuters) -Spain’s European Union-harmonised 12-month inflation rate fell in May to its lowest level since October, preliminary…