the Pound Sterling rose 0.4% against the dollar after the UK’s annual inflation rate unexpectedly accelerated to 3.5% in April, defying forecasts of a continued decline and casting immediate doubt on the Bank of England’s recent rate cut. Core inflation also moved higher, climbing to 3.8%, underscoring the persistent strength of price pressures in key […]| The Herald ghana
US inflation came in softer than expected in April – but that hasn’t changed who’s really in charge. That’s the assessment from Nigel Green, CEO of global financial advisory giant deVere Group, following Tuesday’s Consumer Price Index report, which shows headline inflation at 2.3% year-on-year, just below expectations of 2.4%. Core inflation remains stubborn at 2.8%, […]| The Herald ghana
The British pound is surging—and the momentum shows few signs of slowing, predicts one of the world’s largest independent financial advisory and asset management organizations. On Thursday, sterling climbed to its highest level in nearly four years, touching $1.3709 against the US dollar. This marks a 13% gain so far in 2025, making the pound […]| The Herald ghana
The Federal Reserve, has finally “said the quiet part out loud”: stagflation is no longer just a tail risk—it’s now a clear and present danger. For months, policymakers danced around the threat. Now, the masks are off. This is the analysis of Nigel Green, CEO of financial advisory giant deVere Group after the Fed signaled on Wednesday […]| The Herald ghana
