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The Latest Breaking News from Inflation

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

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 Guardian - US

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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.

The Independent UK

With inflation staying at 2.2%, will Bank of England cut interest rates this week?

CPI rise is below expectations for second month running, but Bank knows headline figure is far from the whole story

The Guardian - UK

Tween Says Dad Is 'Ruining Her Life' When He Insists On Buying Her A $600 iPhone 13 Vs. $1200 iPhone 15

A tween throws a fit demanding a $1200 iPhone despite her parents offering a more affordable $600 model.

International Business Times UK

UK inflation is steady at 2.2% ahead of Bank of England's next rate decision

Inflation in the U.K. held steady at an annual rate of 2.2% in August with higher air fares offset by lower fuel costs and restaurant and hotel bills

The Independent UK

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UK inflation remained unchanged at 2.2% in August

Bank of England expected to hit the pause button on interest rate cutes on Thursday

The Independent UK

Soaring air fares stop inflation falling back towards its 2% target rate

But prices of services rose more quickly than in July in a possible setback to hopes for an interest rate cut this week

Evening Standard

UK inflation stays at 2.2% as lower petrol prices offset by higher air fares

Annual rate in August unchanged, and hovering above Bank of England’s 2% target

The Guardian - UK

Fed chair Jerome Powell says US interest rate cut has nothing to do with election – as it happened

Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’

The Guardian - UK

Federal Reserve is set to cut interest rates for the first time in 4 years

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses

The Independent UK

Rise in chocolate prices could spook shoppers this Halloween

Increase of 11% in a year far outstrips grocery inflation in UK, according to the consumer group Which?

The Guardian - UK

US Fed Set To Make First Rate Cut Since 2020

The US Federal Reserve is all but certain to cut interest rates on Wednesday for the first time in more than four years, a significant move likely to ripple through global financial markets.

International Business Times

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Top News

Trump Proposes Steep Tariffs To Revive Automotive Industry

Former President Trump's proposal to impose steep tariffs on imported cars to boost US automotive industry faces criticism for potential inflation and cons...

International Business Times

Inflation Slows Again In Canada To 2%

Inflation in Canada eased to two percent year-on-year in August, hitting the target set by the country's central bank and marking its slowest increase since February 2021, official data showed Tuesday.

StockNews.com

3 European Stocks to Buy as the Continent’s Economy Recovers

As Europe navigates a complex landscape of slowing inflation, stable employment, and modest GDP growth, it may be an opportune time for investors to consider investing in quality stocks like Novo Nordisk (NVO), SAP SE (SAP), and Novartis (NVS), which are poised to capitalize on the continent’s recovery. Read on….

Latin Times

Matt Gaetz gives Medicare administrator hard deadline to provide documents about price increases

The Florida Rep. claims that the "Biden-Harris administration is hiding critical data from senior citizens to cover up their failed policies in an election year"

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The National (Scotland)

Why car insurance is getting so expensive across the UK

THE average cost of car insurance has risen sharply over the past two years as industry experts highlighting inflation and elevated interest rates…

International Business Times

Fed begins two-day meeting set to end with rate cut

The US Federal Reserve began a two-day interest rate discussion on Tuesday that is all-but-certain to end with its first cut since March 2020, as inflation continues to ease.

Kiplinger

With the Fed Rate Cut, Should You Sell Your House Now or Wait?

Interest rates are starting to come down as the Federal Reserve shifts course. Is it time to think about selling your house?

The Guardian - US

Biden’s green policies will save 200,000 lives and have boosted clean energy jobs, data shows

Two separate reports find policies will save Americans from pollution in coming decades and added nearly 150,000 jobs

Barchart

Trump Says You're Paying More Under Kamala Harris — It's True but Not as Bad as You Think

Trump has repeatedly claimed that inflation under Kamala Harris is causing Americans to pay much more than before. Although the numbers have not been great, the overall situation may not be as bad as Trump suggests.

Kiplinger

How Elections Impact Interest Rates

The election can indirectly impact interest rates, but the Federal Reserve remains in the driver's seat when it comes to borrowing costs.

Latin Times

Markets Fluctuate Ahead Of Fed As China Woes Dent Sentiment

The yen strengthened to less than 140 to the dollar for the first time since mid-2023 ahead of the Federal Reserve decision on Wednesday -- and a policy meeting at the Bank of Japan two days later -- while gold ticked up to a new record.

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