2024-10-16 | Market Commentary
UK Inflation Slows in September In September, the UK inflation rate, measured by the Consumer Price Index (CPI), rose by 1.7%, down from 2.2% in August, according to the Office for National Statistics. This increase was lower than the predicted 1.9%, staying below the Bank of England’s 2% target. Core Inflation Misses Estimates Core […]
2024-10-14 | Market Commentary
UK Inflation Forecast for 2024 In 2024, the UK inflation rate is expected to drop to 2.2%, a sharp decline from the 7.3% recorded in 2023 and 9.1% in 2022. Prior to the surge, inflation rates were notably lower, with the highest being 4.5% in 2011 and a low of 0% in 2015. The inflation […]
2024-10-10 | Market Commentary
September CPI: Inflation at 2.4% The pace of price increases in September surprised many, as the US Labor Department reported an uptick in inflation. The Consumer Price Index (CPI), which measures the cost of goods and services, increased by 0.2% for the month, bringing annual inflation to 2.4%, slightly above expectations. Core Prices and Key […]
2024-10-07 | Market Commentary
All Eyes on September’s CPI Report This week’s September CPI report is crucial for shaping the Federal Reserve’s interest rate decisions, as labor market and inflation data are the main factors guiding their policies. The outcome of the report could significantly influence financial markets, including stocks, bonds, commodities, and the dollar. Inflation Trends: August Data […]
