Inflation ticked up in Dec., CPI report shows
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A slowdown last month in the rising cost of energy, air travel and hotels helped offset a jump in inflation for petrol, kitchen appliances and a range of groceries, meaning the UK’s overall rate eased slightly from 3.8% to 3.6%. The biggest downward ...
The Federal Reserve cut rates by 25 basis points and projects gradual reductions through 2028, with a long-term target of 3.0%. Inflation is expected to remain slightly elevated, with 2026 projections for core and headline inflation rising to 2.6%, before ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic currents would have on individuals' finances and the market.
A jump last month in the annual rate of inflation for petrol, air travel and chocolate was offset by an easing in the cost of live entertainment, rail tickets and cleaning equipment, helping to keep the UK’s overall rate unchanged at 3.8%. The biggest ...