Bank of England Holds Rates at 4.75%
The Bank of England (BoE) maintained the Bank Rate at 4.75% during its December meeting, a decision shaped by rising inflation and weakening economic activity across the UK. The Monetary Policy...
Inflation Rate Rises to 6 Month High in the UK
UK consumer prices rose sharply in October, climbing 0.6% on a monthly basis—the biggest increase since March—after no change in September, according to the Office of National Statistics (ONS). Key drivers:...
Inflation Rises in the Euro Area in October
Inflation in the Euro Area rose to 2.0% in October, up from 1.7% in September, marking the first increase in three months, according to the latest data from Eurostat. Drivers: Services...
The ECB Cut Rates for the Third Time in the Last Four Meetings
The European Central Bank (ECB) has reduced interest rates for the third time in its last four meetings, announcing a 25 basis points cut during its October session. This decision comes...
Inflation Rate in the UK Hits Three and a Half Year Low in September
The UK inflation rate dropped to a three-and-a-half year low in September 2024, according to the latest data from the Office for National Statistics (ONS). Breaking It Down: The decline was...
Inflation in the Euro Area Falls Under 2.0% as Energy Prices Plummet
Euro area annual inflation is expected to drop to 1.8% in September, marking a significant decrease from 2.2% in August and its lowest level since April 2021. The fall below the...
Inflation in Europe Slows to 2.2% in August
Inflation in the Euro Area slowed to 2.2% in August, a drop from July’s 2.6% and marking the lowest level since July 2021. Prices edged up by 0.1% during the month,...
Prices Flat as Expected in the Euro Area
Prices in the Euro Area remained unchanged in July, meeting expectations, according to the latest data from Eurostat. This stabilization comes after a 0.2% price increase in June, marking the best...
Mixed Inflation Data out of the U.K. in July
The U.K.’s inflation rate edged higher in July, defying expectations, according to the latest data from the Office for National Statistics (ONS). Despite a surprising drop in consumer prices, the annual...
