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...Consumer prices rose at an annual rate of 3.2 per cent, down from 3.4 per cent in February, the Office for National Statistics said....
...The figure was slightly higher than the 3.1 per cent forecast by economists polled by Reuters and the Bank of England and above the BoE’s 2 per cent target....
...Pre-tax profits at the John Lewis Partnership were £56mn in the year to January, compared with a £234mn loss the previous year. Sales climbed 1 per cent to £12.4bn....
...Economists polled by Bloomberg had expected the annual rise in consumer prices to remain unchanged from January’s rate of 3.1 per cent....
...In 3 Shades of Blue, his entertaining (if somewhat uneven) new book, Kaplan, previously the author of a biography of Frank Sinatra, sets the scene vividly....
...Gross domestic product grew 3.2 per cent in the fourth quarter, the commerce department said on Wednesday, down from its initial estimate of 3.3 per cent....
...The Office for Budget Responsibility expects inflation to slow to an average of 2.2 per cent this year and 1.5 per cent in 2025 before gradually returning to target at the end of the forecast period....
...Inflation remains above the central bank’s target range of 1-3 per cent. Rents, housing and energy were the principal drivers of inflation, offsetting cheaper transport....
...Economists polled by Bloomberg had forecast annual consumer price inflation of 2.9 per cent, down from 3.4 per cent in December....
...Shop price annual inflation eased to 1.3 per cent in March, down from 2.5 per cent in February, according to data published on Tuesday by the British Retail Consortium....
...How does this change the Federal Reserve’s outlook and will the US stock market respond or continue its jaunty ascent? Today on the show Katie Martin and Robert Armstrong unpack the numbers....
...If Houchen wins, expect Sunak to make a beeline to the area on May 3....
...Redwheel, Sands Capital and Veritas have all recently told investors that they will be reducing their fund settlement cycles from T+3 to T+2 at an umbrella level ahead of the changes in the US....
...“This last mile of inflation — getting from 3 per cent to 2 per cent — is going to be really hard. Much harder than getting from 9 to 3 per cent.”...
...Excluding gasoline, headline consumer price inflation was 3.2 per cent....
...— beating three other Baldur’s Gate 3 stars also nominated in the category....
...Waitrose is only slightly ahead of M&S in the grocery market, with a 3.6 per cent market share this month versus the latter’s 3.4 per cent, according to data provider NIQ....
...The average expectation of the rate of inflation over the next 12 months dropped to 3 per cent in February, from 3.3 per cent in November, when the question was last asked, according to a quarterly BoE survey...
...His model has Reddit with 131mn users and $2.3bn in revenue in 2027, implying growth of 16 and 30 per cent a year, respectively, over the next four years....
...At a price-to-book ratio of just 2, the Russell 2000 is currently cheaper than the 10-year average of 2.2, and the 40-year average of 2.1, Goldman Sachs notes....
...“People, I think, found [Llama 2] a little bit sanctimonious, a little bit reluctant to engage,” he said....
...French inflation figures released on Thursday showed a smaller than expected slowdown to 3.1 per cent in February....
...At 3.8 per cent, the core rate is now almost double the Fed’s target number....
...It’s running at a year-on-year rate of 3.2 per cent in February. The market had been expecting 3.1, I think. Robert ArmstrongAnd the Fed wants 2. Katie MartinThe Fed wants 2 so bad....
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