Originally Published 2 years ago — by Financial Times
Mortgage approvals in the UK have fallen to their lowest level in six months, according to recent data. This decline raises concerns about the state of the housing market and the overall economy. Finance professionals are closely monitoring the situation for potential risks and opportunities.
Originally Published 2 years ago — by Financial Times
The US inflation rate is expected to reach its lowest level in over two years in June, according to forecasts. This comes as the Federal Reserve considers cutting interest rates to counter slowing economic growth and trade tensions.
Originally Published 2 years ago — by Financial Times
US inflation is expected to have cooled to its lowest level since early 2021, according to economists surveyed by Reuters. The consumer price index (CPI) is predicted to have risen 0.3% in August, down from 0.5% in July. The CPI is one of the most closely watched economic indicators and a key measure of inflation.