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UK Economy: Inflation Rises Less Than Expected
Posted
August 14, 2024
Views
4,458
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37
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1.14%
August 14, 2024
4,458
37
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1.14%
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2:33Now PlayingUK inflation increased less than economists and the Bank of England had expected, prompting traders to bring forward bets on the pace of interest-rate cuts in the coming months. The Consumer Prices Index rose 2.2% in July, the Office for National Statistics said Wednesday, lower than the 2.3% expected by economists. Bloomberg Economics' Dan Hanson has the latest. #ftse100
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