In the US, the core consumer price index stepped down for the first time in six months, whereas the UK's inflation cooled for the first time in three months.
(Sharecast News) - London stocks ended the week on a strong note, as weaker-than-expected retail sales date helped to fan the flames of rate cut hopes. The FTSE 100 index jumped 1.35% to close at ...
FTSE 100 smashes through 8,500 barrier to all-time high as City rate cut hopes soar - The surge in share prices comes despite ...
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister Rachel Reeves.
Shop sales in the UK unexpectedly fell in the run up to Christmas due to a "very poor month" for food being sold in ...
Inflation coming in lower than expected caused the Lloyds share price to jump 6.3% on Wednesday. But should long-term investors be paying attention?
Pound Sterling slides as UK economy barely grow in November. The Pound Sterling faces selling pressure in Thursday’s European ...
The relief spread out across U.S. stock indexes too, with bumper fourth-quarter earnings from the big U.S. banks adding to ...
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
The Bank of Japan is expected to raise interest rates at its January meeting as inflation pressures intensify, setting the ...