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A general election will take place in the UK on 4 July, prime minister Rishi Sunak said today. The announcement coincides with official data showing that UK inflation has fallen to its lowest level in nearly three years. Labour, the country's main opposition party led by Keir Starmer, has held a substantial lead in polls in recent months and performed well in local elections earlier this month. It won nearly 200 seats on local councils, as well as several regional mayoral contests, while the ruling Conservative Party lost almost 500 council seats. The Conservatives have been in power since 2010 and have fielded five ... (full story)
post: RBNZ'S GOVERNOR ORR: INFLATION PERSISTS IN SECTORS LESS SENSITIVE TO THE OCR.
Global inflation rates are falling but their descent is being hampered by stubborn services sector price growth, says Fitch Ratings in a new report. Inflation has slowed rapidly, ...
The Japanese yen has been steadily depreciating since the beginning of the year, thanks in part to the delayed prospect of rate cuts by the US Federal Reserve and the strength of ...
GBP futures maintain their upward momentum as U.K. inflation remains high. Bob Iaccino explains.
The leadership of the Federal Reserve has undergone substantial turnover in the past few years. President Biden has put four new governors on the seven-member Federal Reserve ...
Key facts: For the March 2024 quarter compared with the December 2023 quarter, unless otherwise stated: • total volume of seasonally adjusted retail sales was $25 billion, up 0.5 ...