Tag Archives: headline inflation

In a week marked by pivotal decisions from five of the world’s largest central banks, including the US Federal Reserve and the Bank of Japan, all eyes are now turning to the Bank of England’s upcoming announcement scheduled for Thursday. Speculation abounds regarding the likelihood of a maintained interest rate …

Bank of England policymaker Catherine Mann, who voted in favor of a rate hike in the last policy meeting, said on Thursday that she is not convinced that the near-term declaration in headline inflation will continue.Mann noted that she is worried that a Red Sea price shock could be incorporated …

Economists and analysts of six big banks contributed their forecast regarding the impending UK inflation print. The UK will release the Consumer Price Index (CPI) data on Wednesday, August 16 at 06:00 GMT.Headline is predicted to be 6.8% year-over-year, down from the reading of 7.9% in June. If so, the …

Fed Governor Michelle Bowman said on Thursday that the headline and core inflation slightly slowed down but the latest readings are still unsatisfactorily high. Bowman also expects ongoing increases in rate hikes at coming meetings. According to her, policymakers still have a lot of work to do but it is …