US and UK Economies Show Resilient Growth with Easing Inflation

Both nations report higher business activity and lower price increases, raising prospects for interest rate cuts.

US business activity reached its highest pace in 27 months, driven by the services sector.
UK business confidence surged post-election, with new sales at a 15-month high.
Inflation pressures moderated in both countries, with prices rising at their slowest rates in years.
Economists predict potential interest rate cuts by the Federal Reserve and the Bank of England.
Manufacturing in the US showed signs of contraction, while UK manufacturing saw its highest PMI in two years.