The Latest Breaking News from Inflation

Chief economist warns that ‘cautious’ approach to further interest rate reductions is required

The dollar index (DXY00 ) today is up by +0.05%. The dollar is climbing with T-note yields today after the hawkish US Jan payroll report reduced the chances to 8% from 16% for a Fed rate cut at next month’s FOMC meeting. Despite Jan nonfarm payrolls climbing less than expected,...

Huw Pill warns that ‘we’re not in a situation where we can declare job done’ on inflation

The expectations for inflation increase this year jumped from 3.3% to 4.3%.

Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday prices longer term.

US economy added 143,000 new jobs last month, fewer than expected

In today’s newsletter: The Bank also downgraded its growth forecast for the UK, piling pressure on Labour to turn its rousing rhetoric on economic expansion into reality

The Western Australian state election will be held on March 8. A Newspoll, conducted January 29 to February 4 from a sample of 1,039, gave Labor a 56–44 lead, from primary votes of 42% Labor, 32% Liberals, 3% Nationals, 12% Greens, 4% One Nation and 7% for all Others.

THE INDEPENDENT VIEW: Editorial: The quarter percentage point cut surprised no one but it is still more significant than it sounds – and we can expect Rachel Reeves to make the very most of it in the weeks ahead

UK economy expected to grow by just 0.75% this year, in fresh blow to Rachel Reeves’s attempts to raise confidence

Market analyst Darin Newsom believes current market fluctuations are driven by news headlines and manipulation, similar to 2017-2020, and that while some technical indicators may still be relevant, the market's reaction to news, including potential tariff increases and weather concerns, creates uncertainty and volatility across various sectors, impacting investor behavior…