Page 2 - தலைமை பொருளாதார நிபுணர் ஆண்டி ஹால்டேன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
BoE sees inflation breaking 3% but won t rush to unwind stimulus
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BOE maintains policy but sees inflation topping 3 0%
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Europe s economy is booming as nations cast off crisis shackles
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TOP NEWS SUMMARY: Bank of Japan keeps monetary policy expansionary
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UK inflation hits 2.1%, vaults past Bank of England target
British inflation unexpectedly jumped above the Bank of England’s target in May when it hit 2.1%, part of a post-lockdown climb in prices that is expected gather pace.
The acceleration of the consumer price index from April’s 1.5% largely reflected how weak inflation was in May 2020 when the economy was reeling from its first tight lockdown.
The figure represented the first time inflation has gone above the BoE’s 2% target in almost two years and was above all 33 forecasts in a Reuters poll of economists which had pointed to a rise in inflation to 1.8%.