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The Latest Breaking News from Inflation

What a possible Fed rate cut would mean for your finances

The Federal Reserve is expected to cut its benchmark interest rate for the first time in nine months

The Independent UK

UK interest rates set to be held at 4% as inflation ‘uncomfortably high’

Most economists are expecting the Bank of England to keep rates unchanged on Thursday.

Evening Standard

Changes In Bond Yields After Trump Targeted Lisa Cook Suggest Inflation Would Be Lower If He Took Over The Fed

Is it possible that inflation would actually be lower if President Donald Trump took over the Federal Reserve? While some critics believe a potential Trump takeover of the Fed would result in higher inflation and higher interest rates, not everyone is convinced.

Benzinga

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UK Government urged to introduce cost controls on 'skyrocketing' food prices

THE UK Government has been told no one should be “forced to go hungry” and have been urged to introduce cost controls on spiralling food prices…

The National (Scotland)

What the New Inflation Report Means for Your Wallet

Recently, analysts were surprised to learn via the CPI that inflation increased at a higher than expected level in August.

GOBankingRates

Amid Bustling Streets, Americans Carry Quiet Worries About The Economy

The University of Michigan's consumer-sentiment index fell to 55.4 in September, its lowest since May, reflecting growing worries about job security, rising costs and inflation.

International Business Times

Shoppers ‘feeling the squeeze’, says Morrisons as food prices rise further

Boss Rami Baitieh said inflation has ‘increased further’ over the past two months as the grocer reported slowing sales.

Evening Standard

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Food prices are still rising despite inflation holding steady. Here’s why

August’s inflation rate of 3.8 per cent means that if an item cost £100 a year ago, it would now cost £103.80

The Independent UK

US Retail Defies Gravity: Consumers Keep Spending Despite Economic Storm Clouds

Analysts caution that the boost may be partly due to higher prices, amid rising inflation and tariffs.

International Business Times

Choice of inflation-beating savings accounts ‘lower than a year ago’

Moneyfactscompare.co.uk said it is essential for savers to shop around to avoid losing money in real terms.

Evening Standard

The economy's prospects are reliant on the 'fortunes of the well-to-do' says Moody's, if the ultra-rich get nervy that means recession

Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem."

Fortune

Eurozone inflation comes in softer than expected in August, at 2%

Inflation is now in line with the target set by the European Central Bank. As economic growth remains robust, more rate cuts from the ECB aren't likely to come soon.

Euronews

Why are food prices rising and what does it mean for me?

August’s inflation rate of 3.8% means if an item cost £100 a year ago, it would now cost £103.80.

Evening Standard

House price growth cools as ‘pressures from mortgages and rental prices bite’

The average UK house price increased by 2.8 per cent in the 12 months to July, slowing from 3.6 per cent in the year to June

Evening Standard

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The Independent UK

House price growth cools as experts issue warning

The average UK property value now stands at £270,000

Euronews

UK inflation remains nearly double the target before BOE rate decision

Stubbornly high inflation has been one of the reasons why the Labour government's poll ratings have fallen sharply since it came to power in July 2024.

Evening Standard

Examples of where inflation jumped in August – and where it eased

Food price inflation is running at its highest level for 18 months.

International Business Times

Are YOU Getting an Inflation Refund? New Yorkers Set to Receive Up to $400 Cheques Automatically This Month

Over 8 million New Yorkers will automatically receive state-funded inflation refund cheques of up to $400 this autumn, aimed at easing pressure from soaring living costs under Governor Kathy Hochul's 2025–26 budget plan.

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The Independent UK

Experts share inflation warning as food and drink prices rise

IN FULL

The Independent UK

UK inflation remains nearly double target ahead of expected interest rate hold

Inflation in the U.K. held steady at 3.8% in the year to August, a day before the Bank of England is widely expected to keep interest rates on hold

Evening Standard

Amazon announces above inflation pay rise for staff

Annual salaries for frontline employees will start at a minimum of £29,744 and up to £31,824 depending on location.

The Guardian - UK

UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row - as it happened

Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; US Federal Reserve widely expected to cut rates later today

Evening Standard

UK inflation rate: Rising price of milk, beef and coffee hits shoppers in new cost-of-living squeeze

Some of the biggest price rises seen in everyday staples as economists fear food inflation could peak towards the end of the year

The Independent UK

Inflation holds steady but soaring price of beef, coffee and chocolate drives up food bills

The rate remained unchanged in the year to August, in line with economist expectations

Evening Standard

UK inflation remains at 3.8% but food price rises accelerate for another month

The rate of Consumer Prices Index was 3.8% in August, the same as July, the Office for National Statistics said.

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