Inflation: ‘Relief’ for Reeves or a ‘temporary reprieve’?
The market consensus was for inflation to remain stuck at 2.6 per cent, but the risks were very much tilted to the upside. And if there had been a big miss, some commentators feared that the sell-off in gilts could have turned ugly.
Boost for under fire Rachel Reeves after surprise inflation fall raises hopes of interest rate cuts
UNDER-pressure Rachel Reeves was given a glimmer of hope as inflation fell — raising interest rate cut hopes. The Chancellor saw inflation sink 0.1 per cent to 2.5 per cent in December, the drop
UK inflation drop gives relief to Reeves after market selloff
By Suban Abdulla and David Milliken LONDON (Reuters) -British inflation slowed unexpectedly last month and core measures of price growth - tracked by the Bank of England - fell more sharply, according to official data that will be welcomed by Finance Minister Rachel Reeves after a market selloff.
Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm
Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm - The cost of Government borrowing eased on Wednesday morning in a tentative sign of relief among traders after more heightened economic concerns.
Rachel Reeves is set to wreck first bit of good news we've had in ages
December's inflation dip was a rare piece of positive financial news, but don't get used to it. Prices will be rising soon enough.
Good news for chancellor Rachel Reeves on inflation but it may not last
A fall in December's CPI inflation of 0.1 percentage points to 2.5% is marginal, but by being below expectations it delivered an above-expectations boost to Rachel Reeves. The chancellor has been under intense scrutiny for the last week as UK borrowing costs have risen (in line with US and European peers) and the value of the pound has fallen.
Reduced inflation figures still won’t save Rachel Reeves
The removal vans can be cancelled, and the shortlist of potential successors can stop measuring up the curtains at Number 11 Downing Street. With today’s figures showing a slightly larger than expected fall in inflation,
Inflation Relief For the UK — And Rachel Reeves
A reprieve for the UK gilts market will be welcome after a torrid week.
Rachel Reeves losing control as inflation set to 'acclerate' and inflict yet more misery
Unexpected figures released this morning suggested that the rate of inflation had decreased, but investors have been warned not to be complacent
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Rachel Reeves faces crucial three week test to decide on new cuts
Falling inflation and borrowing costs are good news for the Chancellor but the Budget watchdog will not make a call on market conditions until next month
Inflation falls to 2.5% in boost for Reeves’s plans
In November, the Consumer Prices Index (CPI) came in at 2.6 per cent, where petrol, train travel, and live entertainment pushed up prices.
Inflation falls to 2.5 per cent in boost for Chancellor Rachel Reeves
The inflation figures come amid a sell-off in the gilt market, which has raised doubts about the government's fiscal plans.