UK Inflation Jumps as Labour Tax Hikes, ASML Falls Most Since April | The Opening Trade 07/16
UK inflation unexpectedly rose to its highest level since January 2024 as the Labour government's budget pushed up grocery bills, keeping pressure on the Bank of England as it looks to dial down interest rates. ASML shares plunged the most since April after Chief Executive Officer Christophe Fouquet walked back the company's growth forecast ...
