Interest Rates & Inflation: US Prices Rise 3% In June, Easing Upward Pressure On Rates
12 July: Bank Of England Still Likely To Hike Rate In August US inflation stood at 3% in the year to June, down from 4% in the 12 months to May. Falling
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12 July: Bank Of England Still Likely To Hike Rate In August US inflation stood at 3% in the year to June, down from 4% in the 12 months to May. Falling
22 June: Half-Point Rise Likely To Trigger Further Loan Hikes The Bank of England has hiked its Bank Rate today by 0.5 percentage points from 4.5% to 5%
21 June: Decline In Food Inflation Only Crumb Of Comfort Inflation remains stuck at 8.7% for the second consecutive month in the year to May 2023. The s
With inflation stuck at 8.7%, economists said a jump straight to 5% interest rates might be needed
“While inflation’s not risen, it’s not heading in the direction that the Bank of England wants to it to go. Given that we’re likely to see CPI end the year at