Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

Thursday saw the release of a much lighter-than-expected consumer price report for November, breaking from the recent trend of sticky inflation. Stocks jumped. Yields fell. Odds of a Federal Reserve rate increased. And many economists scratched their heads. The Bureau of Labor Statistics reported that the consumer price index had an annual inflation rate of…

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ECB, BOE, Riksbank and Norges Bank make final calls of 2025

A projected illumination marking the 75th anniversary of the Schuman Declaration, on the Grossmarkthalle building at the European Central Bank headquarters in Frankfurt, Germany, on May 9, 2025. Alex Kraus/Bloomberg via Getty Images Investors are gearing up for the last interest-rate decisions of 2025, with four of Europe’s central banks announcing their monetary policies and…

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UK inflation cools to 3.2 in November

Shoppers walk past shops on Regent Street on the final weekday before Christmas in London on December 22, 2023. Henry Nicholls | Afp | Getty Images The U.K.’s inflation rate cooled sharply to 3.2% in November, boosting the chances of the Bank of England cutting interest rates at its final meeting of the year on…

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Food inflation leads diners to cheaper menu items

Consumers are still dining out, but instead of higher-priced entrees, many are ordering more appetizers. As food inflation and affordability dominates the conversation about the U.S. consumer, new restaurant purchasing data shows even among Americans who are going to restaurants, many are in the mindset of cutting back. “Appetizer orders are up 20% year over…

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UK economy unexpectedly shrunk before Budget

Pedestrians walk past British Union flag designs on advertisements. Simon Dawson | Bloomberg | Getty Images The U.K. economy unexpectedly contracted 0.1% in the three months to October, according to official figures released Friday. Economists had expected 0% growth over the period. It follows a 0.1% expansion over the three months to September. The Office…

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