Rolling coverage of the latest economic and financial news Experts at Pantheon Macroeconomics have suggested that so-called “AI-flation” could also be a factor pushing up UK prices. Rob Wood, their UK economist, said Pantheon believe higher electronics prices, linked to chip shortages amid the AI boom, could add 0.2 percentage points to inflation. 7am BST: UK inflation report for August 9.30am BST: UK housing prices and rents report 1.30pm BST: US retail sales report 7pm BST:Fed decision 7pm Fed presser 7.30pm Continue reading...