Logo





  About us
  Advertising
  Privacy
  Terms
  Directory
  Submit Feed
  Analytics
  Trending
  Bias
  Trust Ranking
  API

The Guardian // Business // Markets

Wall Street and FTSE 100 hit record highs after US inflation report fuels interest rate cut hopes – as it happened

Friday 24th October 2025, 3:46PM

US consumer prices rose by less than expected last month, as markets digest breakdown of trade talks with CanadaUS prices rose at a 3% annual rate in September, slightly beating forecastsNewsflash: Conditions appear to be improving in the UK economy this month.The latest poll of purchasing managers at British firms has found that growth is picking up after the lull in September, partly helped by the resumption of manufacturing at Jaguar Land Rover after its recent cyber attack.“October’s flash UK PMI survey brings hope that September was a low point for the economy from which business conditions are starting to improve.Output has picked up, with a particularly welcome return to growth for manufacturing for the first time in over a year accompanied by an upturn in demand for services, notably among consumers. Business confidence has also brightened slightly, job losses have moderated, and inflationary pressures are coming back to levels consistent with the Bank of England’s 2% target. Continue reading...

Full Story