Steep increases in gas, electricity and water bills, along with a jump in the price of air and coach travel, helped push the UK’s overall rate of inflation in April to its highest level for 15 months.
Explore how inflation affects economic recovery, from employment rates to borrowing costs, and understand its potential ...
The slight drop last month in the overall rate of inflation to 2.5% was driven by changes in the cost of transport, household furniture and live entertainment, offset by prices rising for certain ...
Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at its next meeting in September. By Colby Smith ...