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Gasoline prices drive up US monthly inflation; four UK interest rate hikes expected by next summer – business live

Gasoline prices drive up US monthly inflation; four UK interest rate hikes expected by next summer – business live — photograph supplied by The Guardian Business

Image: The Guardian Business

US monthly inflation rate rises to 0.4% in August, though annual rate unchanged at 3.4% and core inflation dips a littleUK economy unexpectedly grows 0.4% in July boosted by AIDigging into today’s GDP report a little, we can see that the UK services sector had a decent July, with growth in 11 of…

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