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UK Inflation Rises Unexpectedly, Tempering Talk of Rate Cuts

Cooling UK Wages Bolster Prospects for Sharper Drop in Inflation

(Bloomberg) UK wage growth cooled at one of the fastest paces on record, supporting the case for the Bank of England to start cutting interest rates in the coming months.Most Read from BloombergTrump Scores Easy Win in Iowa With DeSantis a Distant SecondUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaIowa Latest: Biden Calls Trump ‘Clear Frontrunner’ After WinWhat Is Disease X? How Scientists Are Preparing for the Next PandemicApple to Pull Blood-Oxygen Tool From Watches to Avoid U

Euro-Area Inflation Slows More Than Expected With 2% in View

(Bloomberg) Euro-zone inflation cooled more than expected, putting the 2% target in sight as investors step up bets that the European Central Bank will cut interest rates sooner than officials suggest.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Kissinger, Diplomat Who Defined US Foreign Policy, Dies at 100These Are the World's Most Expensive Cities to Live In Right NowBill Ackman Bets Fed Will Cut I

Euro-Area Inflation Slows More Than Expected With 2% in Sight

Bets on ECB Cuts Risk Prompting Hike Instead, Wunsch Says