The Latest Breaking News from Inflation

Rates to stay at 25-year high of 5.25% to 5.5% as central bank says ‘inflation has eased over the past year but remains elevated’

Inflation has eased over the last year but remains elevated, the central bank says.

The slowdown in Consumer Prices Index inflation could have positive impacts for mortgages and the housing market, experts said.

In 2023, the long bond futures fell to their lowest level since 2007 as the Fed fought inflation with a hawkish monetary policy path. The long bond futures recovered after reaching a low in October but have not broken out of the bearish trend intact since the 2020 high.

After a series of bruising setbacks, the Prime Minister can finally point to some positive news: inflation is falling again. The drop, from four per cent to 3.4 per cent, not only beat City expectations but means that over the past 12 months inflation has fallen at the fastest pace…

From milk to pasta and bicycles to vet bills, how the cost of everyday things varies

Britain's annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates in the coming months.

Prices are still going up but the tide has turned, raising expectations the Bank of England may cut rates in response

UK inflation eases to 3.4% in February, potentially prompting Bank of England interest rate cuts, impacting upcoming general election.