Pan Pylas, The Associated Press Auhtor Headshot Image

Pan Pylas, The Associated Press

Pan Pylas is a reporter with The Associated Press,  an American not-for-profit news agency headquartered in New York City and founded in 1846.

U.K. inflation rises to six-month high in October U.K. inflation rises to six-month high in October

Economic Indicators

U.K. inflation rises to six-month high in October

Expectations for further rate cuts this year disappear in face of higher energy bills

By Pan Pylas, The Associated Press |November 20, 2024

3 min read

BoE cuts interest rates again despite modest budget-related inflation spike BoE cuts interest rates again despite modest budget-related inflation spike

Policy

BoE cuts interest rates again despite modest budget-related inflation spike

Latest cut comes after inflation fell to an annual rate of 1.7% — U.K.'s lowest level since April 2021

By Pan Pylas, The Associated Press |November 7, 2024

3 min read

European Central Bank cuts interest rates again European Central Bank cuts interest rates again

Economic Indicators

European Central Bank cuts interest rates again

Seeing no signs of recession, bank’s rate-setting council lowers benchmark rate from 3.5% to 3.25% — its third reduction since June

By Pan Pylas, The Associated Press |October 17, 2024

3 min read

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