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The Latest Breaking News from Inflation

Bank of England governor ‘optimistic’ that interest rates can be cut, after ‘no change’ decision today – as it happened

Cautious Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs unchanged in 8-1 vote

The Guardian - UK

Trump asked New Yorkers ‘what have you got to lose’ by voting for him. The answers came thick and fast

‘With crime at record levels, with terrorists and criminals pouring in, and with inflation eating your hearts out, vote for Donald Trump,’ Republican nominee pleads

The Independent UK

Clones in the classroom: why universities must be wary of embracing AI-driven teaching tools

The university sector in Aotearoa New Zealand is at a tipping point due to chronic underfunding, shifting enrolments and increasing costs from inflation. In response, the government has established two working groups to assess the health of the sector and provide recommendations for the future.

The Conversation

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Fed slashes rates by a half-point – what that means for the economy and the presidential election

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the first time the cost of borrowing has been lowered in four years.

The Conversation

S&P 500 Falls from a Record High on Hawkish Powell

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down by -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.45%. Stocks on Wednesday gave up mid-session gains and turned lower as...

Barchart

Vice President Harris Welcomes Federal Reserve Rate Cut

Vice President Kamala Harris supports the Federal Reserve's rate cut to address inflation and pledges to reduce costs for consumers through tax cuts and an...

Top News

Federal Reserve cuts US interest rates for the first time in four years

Central bank makes cuts after holding rates at two-decade high in aggressive bid to cool inflation

The Guardian - US

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President Biden Hails Falling Inflation And Interest Rates

President Biden emphasizes the positive impact of declining inflation and interest rates on the post-Covid economic recovery.

Top News

Federal Reserve Cautious Despite Progress In Economy

US inflation nears 2% target with no recession in sight. Federal Reserve cautious despite rate cuts. Chair Powell optimistic about progress.

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Fed Chair Powell Addresses Housing Inflation Concerns

Federal Reserve Chair Jerome Powell addresses concerns about housing inflation and supply challenges in the market.

Top News

US Fed cuts rates by larger than usual half-percentage point

Central bank’s rate-setting committee says it has ‘greater confidence’ inflation is moving towards two-percent target.

Al Jazeera

US Unemployment Rate Expected To Reach 4.4% By Year-End

US unemployment rate rises to 4.3% in July, inflation projected to moderate to 2.3% this year. Fed aims for 2% inflation rate by 2026.

Top News

Fed cuts interest rates by half point for first time in years. Here’s what that means for you

The major move signals end to inflation fight while shoring up job market for ‘soft landing’ as borrowing to get cheaper

The Independent UK

Federal Reserve Cuts Interest Rates For First Time In Biden Era

Federal Reserve's interest rate cut under President Biden addresses inflation concerns and sparks economic discussions.

Top News

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Federal Reserve Cuts Interest Rates For First Time In 2022

Federal Reserve's rate cut to combat inflation and stimulate economic growth, impacting borrowing costs and investments.

The Independent UK

The Federal Reserve is finally lowering rates. Here's what consumers should know

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

Fortune

Fed institutes mega interest-rate cut as labor market cools

It's the first Fed rate cut since the COVID lockdown easing that began in March of 2020.

Top News

Federal Reserve's Patience Pays Off As Inflation Finally Eases

Federal Reserve's efforts to control inflation faced challenges in 2022 and 2023, leading to relief for Americans as bond yields decreased.

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Trump And Harris In Dead Heat In Georgia Poll

Georgia poll shows Trump and Harris in tight race for 2024 election, with inflation as top voter concern.

Top News

Global Central Banks Making Rate Decisions Amid Inflation Concerns

Global central banks, including Bank of England and Bank of Japan, making rate decisions amidst changing inflation levels.

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Federal Reserve Expected To Cut Interest Rates After Long Wait

The Federal Reserve's anticipated interest rate cut could impact inflation and the cost of living for Americans, with potential far-reaching implications f...

Top News

US Economy Reaches Turning Point As Inflation Surge Ends

Lael Brainard discusses the US economy's turning point and the impact of lower interest rates on housing market accessibility.

Top News

Federal Reserve Poised To Cut Benchmark Interest Rate

The Federal Reserve considers a rate cut to address inflation concerns and support economic growth.

The Guardian - US

What will a Federal Reserve interest rate cut mean for you?

The Fed has announced an interest-rate cut for the first time in four years – what effect will it have on consumers?

The Independent UK

Annual house price growth slows but rents climb at near-record rate, says ONS

Growth in house prices slowed to 2.2% in the 12 months to July, from 2.7% annually in June, according to the Office for National Statistics.

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