UK annual CPI rose to 3.5% in September from 3.1% in August, exceeding the 3.4% forecast. Core inflation accelerated to 2.8%, while services inflation reached 3.7%. This increases the possibility of tighter monetary policy. The interest rate remains at 3.75%, with markets expecting it to rise to 4.00% at the 5 November meeting. Committee member […]
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France’s 10-year government bond yield has crossed the psychologically important 5% threshold for the first time since 2002, while the OAT–Bund spread is pressing toward its October high. Yet Euro is showing little evidence of Read more…
Fidelity laid out five risks in a retirement planning guide published on October 12, each capable of draining a portfolio faster than most Americans expect. The five risks: healthcare costs outpacing Medicare, declining confidence in Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal The entryway is often the first Read more…