Today news
About the same in other media
Pound, bond yields slide after UK inflation comes in lower than expected
Reading now: 642
fnlondon.comThe pound fell back below $1.30, UK government bond yields dropped sharply and London’s equity futures jumped after data showed Britain’s inflation has dropped to its lowest in more than a year.
Headline annual inflation rose 7.9% last month, less than economists forecasts of 8.1%, and below May’s 8.7%, according to the Office for National Statistics. The core reading, which strips out volatile prices like food and energy, dropped from 7.1% to 6.9%, which was 0.2 percentage points below forecasts.
The...
Read more on fnlondon.comAbout this in other media
Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next cryptonews.com /1 year ago
Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst cointelegraph.com /1 year ago
InQubeta Staking Offers Superior Yields For DeFi Fans, As 1Inch Network's Fusion Proving Revolutionary cryptonews.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
