Treasury warns of ‘bumpy’ road to lower inflation after unexpected jump to 3%

By What might today’s figures mean for housing costs?published at 12:20 Greenwich Mean Time12:20 GMTDouglas FraserBusiness and economy editor, BBC ScotlandImage source, PA MediaWhile consumer prices continue to rise, and faster than the Bank of England target 2%, household bills are being more stretched by increases in housing costs.Private landlords are charging ever higher rents,…

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Fired federal workers will likely be eligible for unemployment — which the government will cover

Thousands of federal workers fired over the past week by the Trump administration will likely be eligible for unemployment benefits, which the federal government is required to pay for, along with … Thousands of federal workers fired over the past week by the Trump administration will likely be eligible for unemployment benefits, which the federal…

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American inflation looks increasingly worrying

By Jerome Powell’s press conferences—sometimes market-moving events—have attracted less notice of late. With Donald Trump in the White House, the chair of the Federal Reserve faces competition for attention. Yet a recent inflation reading has returned prices to the public eye. In January America’s “core” consumer price index, which strips out volatile food and energy…

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