UK inflation hits its highest level in almost three and a half years. We look at the damage inflation can inflict on your money and investments.
UK inflation has hit its highest level in almost.. City A.M.
Inflation in Britain surged again last month. Consumer prices were up by a stronger-than-expected 2.3 percent thanks to more expensive fuel and food. That was up from the previous month’s 1.8 percent.. Source: Euronews English -
British inflation last month shot past the Bank of England's 2 percent target for the first time since the end of 2013 and looks set to climb further due to the Brexit hit to the pound and rising.. Source: Rumble -
Mar.21 -- U.K. inflation grew faster than expected in February, moving past the Bank of England's target for the first time in more than three years. Bloomberg Intelligence's Dan Hanson reports on.. Source: Bloomberg Global Business -
Euro zone inflation and the PCE inflation number for the U.S. that the US Federal Reserves looks at closely are due for release in the coming week. If either hit two per cent, it could trigger central.. Source: Reuters Studio -
On Jan 11th, RBC's head of cross asset strategy Charlie McElligott wrote of "THE SINGLE-LARGEST MACRO INPUT RISK TO THE BUYSIDE," where he stated that *the USD was the most important asset to the.. Zero Hedge
LONDON (dpa-AFX) - UK inflation exceeded the Bank of England's 2 percent target in February for the first time since 2013, on weak pound and rising oil prices. Moreover, factory gate prices rose a... FinanzNachrichten.de Also reported by •RTTNews
Here is what you need to know.
*UK inflation surpasses the Bank of England's target. *Consumer prices jumped 2.3% in February, surpassing the Bank of England's 2% target for the first time in almost.. Business Insider