Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Inflation

Fed leaves US rates unchanged but ‘long way to go’ in inflation battle

Central bank maintains benchmark federal funds rate but chair Jerome Powell leaves door open to further increases

The Guardian - US

The Fed held interest rates steady — but the fight against inflation is not over yet

The Federal Reserve left interest rates unchanged Wednesday, but left the door open to additional rate hikes in the future, if necessary, to curb inflation.

WEKU

U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job market

Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong in the face of higher interest rates

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

An RBA rate rise next week is now an even-money bet – and figures reveal just how damaging it would be

A rise would only add to the cost of necessities without reducing inflation, hitting households already struggling with a 70% increase in mortgage costs

The Guardian - AU

UK house prices up almost 1% since last month but mortgage approvals plunge

Just 43,300 mortgages were approved in September, 30 per cent less than the monthly average in 2019

Evening Standard

Republicans welcome local benefits of climate law despite voting against it

Nancy Mace and Marjorie Taylor Greene among those accused of hypocrisy over efforts to gut landmark Inflation Reduction Act

The Guardian - US

75% of Holiday Travelers Are Cutting Back. Are You?

Over 75% of holiday travelers are adjusting their plans for Thanksgiving, Hanukkah, Christmas and New Year's, due to inflation and pricing pressures, Bankrate survey shows.

Kiplinger

Read news from The Economist, FT, and more,
with one subscription

Business group estimates several hundred thousand clean energy jobs in EV, battery storage and solar

A business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022

The Independent UK

Politics with Michelle Grattan: Economist Chris Richardson on a likely interest rate rise and the fall in living standards

The International Monetary Fund (IMF) released a report this week calling on Australia to raise interest rates again, adding to the speculation the Reserve Bank will increase the cash rate on Tuesday.

The Conversation

UK house prices increased by 0.9% month-on-month in October, says Nationwide

The uptick in house prices in October most likely reflects the fact that the supply of properties on the market is constrained, Nationwide said.

The Independent UK

Stock market today: Asian shares track Wall Street gains ahead of Fed decision on interest rates

Asian shares are mostly higher after Wall Street advanced to claim back some of the ground it gave up in another losing month

The Independent UK

Congress slams government over 'skyrocketing' prices, says people ready for change in 2024

Hitting out at the Centre over the prices of essential items “skyrocketing”, the Congress on November 1 said the people are ready for a change in 2024 elections and asserted that an INDIA bloc government will immediately change the policies that are increasing inflation. Congress general secretary Jairam Ramesh’s attack…

The Hindu

Afternoon Update: more interest rate rises likely; Victorian prison officers put spit hood on child; and WeWork to file for bankruptcy

The Reserve Bank looks increasingly likely to lift the cash rate as the IMF found inflation remained ‘sticky’

The Guardian - AU

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

The Independent UK

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Powell likely to underscore inflation concerns even as Fed leaves key rate unchanged

For the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting — the clearest sign to date that the Fed is edging closer to the end of its rate-hiking campaign

The Guardian - AU

Reserve Bank will have to raise interest rates again because inflation still too high, IMF says

Fund recommends further monetary tightening by RBA to ensure Australia’s price rises return to target range by 2025

AAP

IMF urges higher interest rates to control inflation

An independent assessment of Australia's economy says interest rates will need to lift higher and government effort will be required to bring inflation down.

StockNews.com

Discover the Potential of These 3 Large Cap ETFs

Despite inflation easing since the June 2022 peak, interest rate increases by the Fed could be on the cards to bring inflation to the 2% target. This could exert some pressure on the stock market. Against this backdrop, quality large-cap ETFs FT Cboe Vest Fund of Deep Buffer ETFs (BUFD),…

Get all your
news in one place.

100’s of premium titles.
One news app.

Evening Standard

The Bank of England needs to lower interest rates now or risk recession

City Voices: The UK is in serious risk of entering a recession, meaning hardship and misery for millions

The Conversation

Interest rates: if central banks don't start cutting them soon, it could actually increase inflation

What next for interest rates? The Bank of England’s Monetary Policy Committee (MPC) is widely expected to leave them unchanged when it meets on November 2, despite the fact that UK headline inflation is still at 6.7%. If so, it will mark the second monthly freeze in a row, following…

The Independent UK

US wages rose at a solid pace this summer, posing challenge for Fed's inflation fight

Wages and benefits grew at a slightly faster pace in the July-September quarter than the previous three months, a benefit to workers that also represents a risk to the Federal Reserve’s fight against inflation

The Guardian - UK

Eurozone economy shrinks by 0.1%, putting it at brink of recession

Ireland posts biggest decline, while Germany contracts by 0.1% and France grows by 0.1%

Fortune

McDonald’s CEO says consumers suffering ‘difficult times’ can actually be a good thing for his business

Bosses couldn't rule out further price hikes at McDonald's on its Q3 2023 call, but did say the rate of increases will slow in line with inflation.

The Independent UK

Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished

The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold

The Independent UK

Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelines

The Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors

1 … 351 352 353 354

People

Marjorie Taylor Greene

Sristi Suman JayaswalThe

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.