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UK Core Inflation Rises to 3.6% in August Sinking BoE Rate Cut Hopes
- cnnnews
- September 18, 2024
- 0
According to the Office for National Statistics: The UK annual inflation rate remained steady at 2.2% in August. The Consumer Prices Index, including owner-occupier housing costs (CPIH), rose by 3.1% in the 12 months to August, unchanged from July. The Core CPIH (excluding energy, food, alcohol, and tobacco) was up 4.3% in the 12 months
Berkshire’s stock hadn’t seen a losing streak like this in a decade and a half. What’s causing it?
- cnnnews
- September 16, 2024
- 0
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USD/INR remains stable due to rising likelihood of RBI intervention
- cnnnews
- September 10, 2024
- 0
The Indian Rupee maintains its position as traders expect RBI to intervene to support the domestic currency. The USD/INR pair could appreciate if Asian markets experience a decline due to rising concerns about the US economy. The US Dollar receives support due to rising doubts on the scale of the Fed rate cut in September.