Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.
Megan Greene said unanticipated rate cuts by the Fed would affect 10-year gilt yields, currencies and UK equity prices, leading to an overall loosening in UK financial conditions that would be likely ...
The annual rate of consumer-price inflation was 3.4% in December, up from 3.2% in November, the first increase since July.
It is the last set of monthly inflation figures before the next interest rate decision on 5 February .
Inflation has been static or falling since last summer, and had fallen sharply in November following an easing of rising food ...
Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being too late to cut.
UK food inflation rose for the first time since August last month, the British Retail Consortium said, nudging shoppers to seek value items during the key Christmas trading period for retailers.
LONDON, Jan 21 (Reuters) - Britain's main inflation measure sped up by more than expected to 3.4% in December from 3.2% ...
The pound held steady on Wednesday, after data showed UK inflation picked up more than expected in December, which could ...
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