US GDP Near 4% as AI Productivity Drives Job Growth; Fed Rate-Cut Delays Highlight CNBC Interview

The post UK inflation stays high, potentially pausing interest rate hikes appeared on BitcoinEthereumNews.com. Key Takeaways UK inflation remains significantly above the Bank of England’s 2% target. Persistent inflation may prompt the central bank to pause further interest rate hikes. UK inflation remains nearly double the Bank of England’s target as policymakers prepare for a likely pause in interest rate increases. The persistent elevated inflation reading comes as the central bank weighs whether to halt its series of rate hikes that have been implemented to combat rising prices across the economy. The inflation rate continues to run well above the Bank of England’s 2% target, presenting ongoing challenges for monetary policy officials who have been raising borrowing costs to bring price pressures under control. Source: https://cryptobriefing.com/uk-inflation-pause-interest-rate-hikes/

PANews reported on December 24th that US President Trump praised the third-quarter GDP data on social media, noting that GDP growth reached 4.2%, far exceeding

PANews reported on December 24th that, according to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in January