GgoogleGB first seen 29 d ago, last 2 d ago, peak #2

Inflation surges on both sides of the Atlantic

Original: cpi

New consumer price index figures show UK inflation climbing to 3.5%, strengthening expectations that the Bank of England will raise interest rates. In the United States, inflation rose to 3.7%, with the Financial Times attributing the increase to rising prices driven by the war involving Iran. Commentators describe the American inflation trajectory as an unsteady landing.

Why now: Fresh CPI data released in both the UK and US is shaping expectations for upcoming central bank rate decisions.

Bank of EnglandUnited KingdomUnited StatesFederal ReserveCNBC

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Rank over time, top of the chart is #1. 8 snapshots from 2 d ago to 2 d ago.

Evidence

• 10-year Treasury yield jumps after hot CPI, Waller half-point hike comment · CNBC
• CPI Live Updates: Inflation Persists in U.S. Economy · The New York Times
• October inflation data comes in hotter than expected, even as energy inflation fades · Yahoo Finance
• UK inflation jumps to 3.5% — cementing rate hike expectations · CNBC
• US inflation jumps to 3.7% as Iran war drives up prices · Financial Times
• American inflation’s unsteady landing · The Economist

Elsewhere

• GgoogleSG #5 · 1 d ago
• GgoogleCA #9 · 2 d ago
• GgoogleJP #8 · 2 d ago
• GgoogleUS #8 · 2 d ago
• GgoogleAU #5 · 29 d ago
• GgoogleFR #9 · 34 d ago
• GgoogleIT #8 · 34 d ago

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