inflationary pressures

Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink

Business
Jessica Roberts

(Bloomberg) — Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes ...

UK inflation hits lowest level in more than two years

World
David Turner

British inflation has slowed sharply to the lowest level in more than two years on falling petrol prices, official data showed Wednesday, ...