U.K. inflation surged to a six-month high of 2.3% in October, exceeding the Bank of England's target. Driven by rising energy bills and robust service sector inflation, this unexpected increase is likely to deter further interest rate cuts this year. Global uncertainty, including the potential inflationary impact of new U.S. policies, further clouds the economic outlook. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.