UK consumer prices posted a steady growth and services inflation accelerated further in August, cementing expectations that the Bank of England will pause interest rate cuts on Thursday. The consumer price index gained 2.2 percent from a year ago, the same rate as seen in July, the Office for National Statistics reported Wednesday.
Read Full Story
Latest posts by Top News Editor (see all)
- Antipodean Currencies Rise As Asian Markets Traded Higher - October 10, 2024
- European Economic News Preview: ECB Minutes Due - October 10, 2024
- Fed Minutes Show ‘Substantial Majority’ Of Policymakers Favored Rate Cut In September - October 9, 2024
