Smaller drops in transport costs,including petrol, than in November 2014 contributed to 0.1% rise in UK inflation Markets on both sides of the Atlantic have bounced back as Federal Reserve policymakers prepared to raise US interest rates for the first time since 2006.[br]Oil prices and shares jumped on Tuesday, and making up some of the ground lost in recent days,as investors tried to judge the likely impact of higher borrowing costs. Related: Will interest rates rise? Your guide to the Fed's upcoming assembly Related: UK inflation turns positive again - trade live Continue reading...
Source: theguardian.com