Inflation
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Food Prices Drive UK Shop Inflation To 18-year High

Industry data revealed on Tuesday that soaring food prices have driven annual inflation in British shops to its highest level in at least 18 years.  The British Retail Consortium (BRC) reported that overall shop price inflation rose to 8.9 per cent in March, up from 8.4 per cent in February. This marks the biggest increase […]

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News

Interest Rates “Likely To Be Higher” Than Previously Anticipated: US Fed Chair

Despite inflation moderating in recent months, the process of getting it back down to two per cent is still a long way away and the path is likely to be bumpy, according to US Federal Reserve Chair Jerome Powell. “As I mentioned, the latest economic data have come in stronger than expected, which suggests that […]

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