Core US inflation undershoots expectations in ‘relief’ to policymakers
Headline inflation rose to 2.9% in December
Hetal Mehta
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UK economy contracts 0.1% in October
Falling below expectations of a modest 0.1% increase, according to the ONS
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US CPI rises to 2.6% for October
Industry commentators react to US CPI reading following presidential election
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Federal Reserve cuts interest rates by half a percentage point
Industry commentators weigh in on Fed’s 50 bps decision
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‘A tentative start’: Bank of England cuts interest rates to 5%
MPC voted 5-4 in favour of a 25bps cut
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‘We’re not out of the woods’: Industry reactions to October’s inflation fall
Core inflation is ‘still stubbornly sticky’ at 5.7%
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LGIM’s Justin Onuekwusi begins CIO role at St. James’s Place
Onuekwusi brings 20 years of experience to the position