UK consumer price inflation reached its lowest level in more than two years in November, strengthening calls for early rate cuts even as Bank of England remains more cautious on signaling future easing. The consumer price index rose 3.9 percent year-on-year, which was slower than the 4.6 percent increase in October, the Office for National Statistics reported Wednesday. This was the weakest infla...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.