The Latest Breaking News from Inflation

Will UK interest rates rise? Bank of England deputy issues new warning

IN FULL

The Independent UK · Sep 24

As mortgage rates hit a 2-year high above 7%, here’s the updated mortgage rate forecast and why US homebuyers are pulling back

The cost of borrowing money to buy a house in the United States just crossed a critical psychological line. For the first time since May 2024, the average 30 year fixed rate mortgage broke the seven percent mark. It jumped fifteen basis points last week to settle at 7.12 percent.…

The Economic Times · Sep 24

Treasury Yields Keep Climbing. The 30-Year Note Reached a Multi-Decade High.

The benchmark 10-year Treasury yield also climbed, getting closer to the level reached in July 2007.

International Business Times · Sep 24

Nasdaq Futures Plunge as Rising Bond Yields Deepen Chip Selloff, Trump-Xi Summit in Focus

December Nasdaq 100 E-Mini futures (NQZ26) are down -1.04% this morning as rising Treasury yields sparked a fresh wave of selling in chipmakers.

Barchart · Sep 24

Global Market: BoE's Lombardelli says rates may need to rise if energy prices stay high

Bank of England Deputy Governor Clare Lombardelli said UK interest rates may need to rise if elevated energy prices persist and fuel broader inflation through wages, expectations and corporate pricing, unless economic activity shows clear signs of weakening.

The Economic Times · Sep 24

Rupee declines to one-week low as oil rally fans global rate hike worries

The Indian rupee has fallen to its lowest point in a week, fueled by escalating oil prices and inflation worries. Although dollar sales by government banks helped mitigate the decline against the dollar, emerging market currencies are facing intense pressure. Similarly, U.S. Treasury yields have hit multi-year peaks, contributing to…

The Economic Times · Sep 24

Bank deputy says rate rise ‘increasingly likely’ if energy prices stay high

It comes after inflation lifted to a five-month high of 3.1% last month, moving further away from the Bank’s 2% target rate.

Evening Standard · Sep 24

Bank deputy warns rate rise ‘increasingly likely’ if energy prices remain high

The Bank has predicted that inflation will increase to around 3.7 per cent in the fourth quarter of this year

The Independent UK · Sep 24

Bond crisis worsens! US 30-year Treasury yields surge to highest level since 2004. What lies ahead?

The US bond selloff intensified as the 30-year Treasury yield hit its highest level since 2004, while the 10-year yield reached a post-financial-crisis high. Strong US economic data, rising inflation concerns, elevated government debt and higher oil prices have fuelled expectations of further Federal Reserve rate hikes, pressuring global bond…

The Economic Times · Sep 24

US stocks face rate-hike jitters as investors assess Fed's policy path

US stocks face renewed volatility as investors assess the Federal Reserve’s rate-hike path and its impact on economic growth and corporate earnings. Historical data show the S&P 500 often weakens initially after the first rate increase, although longer-term performance has generally remained positive when economic and earnings growth stay resilient.

The Economic Times · Sep 24