Markets run for cover after big US inflation shock
Fed Chairman Jay Powell warned markets time and again not to get ahead of themselves. But would they listen?
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Fed Chairman Jay Powell warned markets time and again not to get ahead of themselves. But would they listen?
The latest figures should take some pressure off the Bank of England to raise interest rates again when the Monetary Policy Committee meets tomorrow.
Rishi Sunak’s pledge to halve inflation is being cast into doubt after an especially gloomy new set of data on price rises in Britain.
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