Inflation Target - Search News

Inflation jumps to 10-month high, knocking chance of early interest rate cut

Inflation jumps to 10-month high, knocking chance of early interest rate cut - Consumer Prices Index (CPI) inflation rose to 3% in January from 2.5% in December.

BBC · 7h

UK inflation rate jumps to 3% in January

Take a look at the below to see how inflation has changed over the last several years - the red dotted line signals the Bank of England's target to keep it at 2%. The Bank considers inflation when weighing up whether to raise or lower interest rates,

CNBC on MSN · 6h

UK inflation leaps to higher-than-expected 3% in January

U.K. inflation rose to 3% in January, coming in above analyst expectations, according to data released by the Office for National Statistics on Wednesday. Economists polled by Reuters had expected a January reading of 2.

London Evening Standard · 2h

What is inflation? UK rate hits 10-month high of 3%

The latest inflation rate surpasses the forecasted 2.8%. But what is it, how is it calculated and what does it mean for wages and mortgages?

invezz on MSN · 5h

UK inflation rises to 3% in January on higher transport and food costs

The UK’s inflation rate unexpectedly surged to 3% in January, surpassing analyst expectations and raising concerns about the pace of future interest rate cuts. Data from the Office for National Statistics (ONS) on Wednesday showed a sharp rise from December’s 2.

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Treasury warns of 'bumpy' road to lower inflation after unexpected jump to 3%

Chancellor Rachel Reeves says she is working to "deliver economic growth" - but the Lib Dems criticise her "misguided ...

1hon MSN

Why has inflation increased and what does it mean for households?

Is inflation rising for everything? The latest figures showed that a number of key areas have seen stronger inflation, or a ...

Inflation rises to a high not seen in nearly a year - official figures

A chunky rise in the headline inflation rate will be unwelcome for those hoping for lower interest rates but underlying figures are not as bad news.

BOJ policymaker calls for more rate hikes, warns of inflation risk

The Bank of Japan must raise interest rates more as keeping them at current low levels could cause excessive risk-taking and ...

Inflation rises to 3% – which savings accounts can beat it?

A surge in air fares and food prices pushed inflation from 2.5% to 3% in January, according to the latest Office for National ...

Daily Maverick1d

Reserve Bank’s lowering of the inflation target could damage South Africa’s prospects for growth

In an economy that still grapples with the aftermath of State Capture and the pandemic, we cannot afford to experiment with policies that could exacerbate our challenges. The SA Reserve Bank’s ...

Tuko on MSN4h

UK annual inflation jumps more than expected

Britain's annual inflation rate rose more than expected last month, official data showed Wednesday, adding pressure to the ...

2hon MSN

Inflation rise unlikely to shift Bank of England's stance on interest rates

Weak economic growth should weigh on wages, taking the heat out of price pressures. That is the Bank of England's reading of the situation - but the last few years have shown us that the "inflation ...

Moneyweb7d

SA set to lower inflation target in 2026: poll

Inflation averaged 2.9% in the last three months of 2024, its lowest level since the second quarter of 2020 and below the ...

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