Charting the global economy: Inflation cools in US and UK

Quick Summary:

The US core consumer price index fell for the first time in six months, while UK inflation cooled due to softer travel costs.

US and UK inflation eased last month, boosting bond prices and increasing interest-rate cut expectations.

China's economy grew at its second-slowest pace since the late 1970s.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaBoliviaChinaGermanyIndonesiaIsraelKazakhstanKenyaOmanPolandQatarRomania

Topics: Bank of England interest rate cuts UK inflation December 2023 Trump German economy 2024 China economic growth 2024 Global economy updates Bond market reaction to inflation Israel Hamas ceasefire Xi Jinping

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-19 @ 10:43:42 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1283 words

Reading Time: 8 minutes read

Sentences: 40 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 25245162

View Article Analysis

About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 1 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

Publisher Details

Frequently Asked Questions