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UK Inflation Climbs More Than Forecast to 2.3% on Energy

UK inflation accelerated more than forecast in October to well above the Bank of England’s 2% target, a pickup that investors saw as further dimming the prospect of more interest-rate cuts in the coming months.

By: financialpost.com

Nov 20 2024
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UK Inflation Climbs More Than Forecast to 2.3% on Energy

(Bloomberg) — UK inflation accelerated more than forecast in October to well above the Bank of England’s 2% target, a pickup that investors saw as further dimming the prospect of more interest-rate cuts in the coming months. Read More

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DSI and Frontgrade Sign Agreement to Develop and Distribute Next Evolution of 2TB Mass Memory Unit for Space