Like and comment-To The Moon - Tiger Brokers Online Investing Community - To The Moon

2
2
Favorite

Raymondteo
2021-06-16

Like and comment

U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal

U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost tw

U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

2

Report

Comment（2）

Top
Latest

starry123
·2021-06-16
@@
Reply
Like
Report
Fold Replies
- hoxle:
  ok
  2021-06-16
  Reply
  Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":169889391,"tweetId":"169889391","gmtCreate":1623827369513,"gmtModify":1703820669153,"author":{"id":3555329560165073,"idStr":"3555329560165073","authorId":3555329560165073,"authorIdStr":"3555329560165073","name":"Raymondteo","avatar":"https://static.tigerbbs.com/45504858b97b8442132e14532730082d","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":9,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Like and comment&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Like and comment&nbsp;</p></body></html>","text":"Like and comment","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/169889391","repostId":1138070155,"repostType":4,"repost":{"id":"1138070155","kind":"news","pubTimestamp":1623826083,"share":"https://www.laohu8.com/m/news/1138070155?lang=&edition=full","pubTime":"2021-06-16 14:48","market":"uk","language":"en","title":"U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal","url":"https://stock-news.laohu8.com/highlight/detail?id=1138070155","media":"Bloomberg","summary":"U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost tw","content":"<p>U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened.Consumer prices rose 2.1% from a year earlier, the highest since July 2019, the Office for National Statistics said Wednesday. Economists had expected an increase of 1.8%. Core inflation jumped to 2%, most since August 2018.The pickup reflected higher prices for fuel, restaurant meals, clothing and recreational goods as the economy took a further step out of lockdown. The central bank expects inflation to breach its 2% target temporarially this year. However, economists are increasingly concerned higher prices could prove more persistent given the rapid pace of recovery from the coronavirus recession.</p>\n<p>“Inflation has risen sharply in recent months and will rise further as the impact of higher commodities prices feed through the supply chain,” said Jack Leslie, senior economist at the Resolution Foundation. “But U.K. inflationary pressures are different -- and nowhere as near as large -- as those causing fierce debate in the U.S.”</p>\n<p>The pound was little changed against the dollar and the euro after the report.</p>\n<p>Separate figures showed that pipeline price pressures continued to build in May. Producer input prices reflecting the cost to industry for fuel and raw materials rose by 10.7% over the past year, their biggest increase in a decade. That’s pushing up the price of goods leaving factory gates at the fastest pace since 2012.</p>\n<p>The ONS said the cost of transport equipment along with metals and non-metallic minerals provided the largest upward contributions to producer price inflation.</p>\n<p>“There is a greater level of uncertainty about prices at present, with a possibility that inflation will turn out to be higher if staff shortages persist, triggering stronger wage rises, while cost increases continue to be passed on to consumers,” Yael Selfin, Chief Economist at KPMG UK.</p>\n<p>BOE Chief Economist Andy Haldane, who departs his post at the end of this month, said last week that pay and costs are already rising and high street inflation “can’t be far behind.”</p>\n<p>His colleague Gertjan Vlieghe says policy makers could raise the benchmark rate as early as next year if the labor market recovers smoothly when government job subsidies come to an end in September.</p>\n<p>Market-based inflation expectations remain close to their highest since 2008. The so-called 10-year breakeven rate -- a gauge derived from the difference between conventional gilt yields and those linked to retail-price inflation -- has risen more than 50 basis points this year.</p>\n<p>Many economies have seen prices accelerate over recent months, though policy makers continue to play down the risk of a sustained inflation outbreak. In the U.S., headline consumer inflation jumped to 5% in May, the highest in more than a decade. Euro-area inflation is running at 2%, just above the European Central Bank goal.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 14:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/u-k-inflation-unexpectedly-surges-060519932.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened....</p>\n\n<a href=\"https://finance.yahoo.com/news/u-k-inflation-unexpectedly-surges-060519932.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/u-k-inflation-unexpectedly-surges-060519932.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138070155","content_text":"U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened.Consumer prices rose 2.1% from a year earlier, the highest since July 2019, the Office for National Statistics said Wednesday. Economists had expected an increase of 1.8%. Core inflation jumped to 2%, most since August 2018.The pickup reflected higher prices for fuel, restaurant meals, clothing and recreational goods as the economy took a further step out of lockdown. The central bank expects inflation to breach its 2% target temporarially this year. However, economists are increasingly concerned higher prices could prove more persistent given the rapid pace of recovery from the coronavirus recession.\n“Inflation has risen sharply in recent months and will rise further as the impact of higher commodities prices feed through the supply chain,” said Jack Leslie, senior economist at the Resolution Foundation. “But U.K. inflationary pressures are different -- and nowhere as near as large -- as those causing fierce debate in the U.S.”\nThe pound was little changed against the dollar and the euro after the report.\nSeparate figures showed that pipeline price pressures continued to build in May. Producer input prices reflecting the cost to industry for fuel and raw materials rose by 10.7% over the past year, their biggest increase in a decade. That’s pushing up the price of goods leaving factory gates at the fastest pace since 2012.\nThe ONS said the cost of transport equipment along with metals and non-metallic minerals provided the largest upward contributions to producer price inflation.\n“There is a greater level of uncertainty about prices at present, with a possibility that inflation will turn out to be higher if staff shortages persist, triggering stronger wage rises, while cost increases continue to be passed on to consumers,” Yael Selfin, Chief Economist at KPMG UK.\nBOE Chief Economist Andy Haldane, who departs his post at the end of this month, said last week that pay and costs are already rising and high street inflation “can’t be far behind.”\nHis colleague Gertjan Vlieghe says policy makers could raise the benchmark rate as early as next year if the labor market recovers smoothly when government job subsidies come to an end in September.\nMarket-based inflation expectations remain close to their highest since 2008. The so-called 10-year breakeven rate -- a gauge derived from the difference between conventional gilt yields and those linked to retail-price inflation -- has risen more than 50 basis points this year.\nMany economies have seen prices accelerate over recent months, though policy makers continue to play down the risk of a sustained inflation outbreak. In the U.S., headline consumer inflation jumped to 5% in May, the highest in more than a decade. Euro-area inflation is running at 2%, just above the European Central Bank goal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":490,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":14,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":4804886,"commentId":"4804886","gmtCreate":1623827535579,"gmtModify":1663229003249,"authorId":3574823700698255,"author":{"id":3574823700698255,"idStr":"3574823700698255","authorId":3574823700698255,"name":"starry123","avatar":"https://static.tigerbbs.com/87d54ddf9f429d363c691c937e6c97a4","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":169889391,"objectIdStr":"169889391","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"@@","text":"@@","html":"@@","likeSize":0,"commentSize":1,"subComments":[{"id":4806278,"commentId":"4806278","gmtCreate":1623832091176,"gmtModify":1663229008262,"authorId":3574242159805641,"author":{"id":3574242159805641,"idStr":"3574242159805641","authorId":3574242159805641,"name":"hoxle","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":169889391,"objectIdStr":"169889391","type":1,"supId":4804886,"supIdStr":"4804886","prevId":0,"prevIdStr":"0","content":"ok","text":"ok","html":"ok"}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}