Headline inflation is falling fast in the United States and the eurozone, following a succession of sharp interest rate hikes by the US Federal Reserve and the European Central Bank. But monetary policymakers on both sides of the Atlantic have made it clear that they are not done yet. Are they going to go too far? Core inflation, which is still running at around 5 percent in the US and the eurozone, remains a major c.
The Bank of England looks
likely to raise rates by a quarter-point to 5.25% on Aug. 3,
though economists and markets see a risk of a repeat of June s
surprise half-point hike as inflation remains.
Bank of England set to raise rates to 5 25 per cent as high inflation persists cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.