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Headlines
U.K. Inflation Heats Up as Bank of England Stays Cautious on New Rate Cuts
Inflation unexpectedly rose in the U.K., likely keeping policymakers at the Bank of England cautious despite a limping economy, the Wall Street Journal reported. The rate of annual inflation was 3.6% in June, up from 3.4% in May…
11,500 UK Companies Struck Off Companies House Register After Crackdown
Thousands of UK companies have been removed from the Companies House register over the last year, following a crackdown coordinated by the National Economic Crime Centre, according to a press release. These companies were not…
Indonesia’s Central Bank Cuts Rates to Bolster Economy
Indonesia’s central bank resumed its interest rate-cutting cycle, as cooling inflation provides ample room to support the economy, the Wall Street Journal reported. Bank Indonesia’s decision to cut its benchmark seven-day reverse…