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The Latest Breaking News from Inflation

Budget Horror: Consumers Plan To Spend Less For Halloween Due To Inflation: Study

Many Americans plan on creating do-it-yourself costumes to save a buck.

International Business Times · Oct 16, 2024

1 In 4 Trump Supporters Believe He Should 'Do Whatever It Takes to Assume Office' If He Loses Election: Poll

As the 2024 election nears, Americans express deep divisions on key issues, with inflation and the state of democracy significantly influencing preferences.

International Business Times · Oct 16, 2024

The £40bn question: How will Rachel Reeves balance the books?

Chancellor boosted by a surprise drop in inflation after the cabinet is warned she may need to find £40bn in taxes and borrowing in her Budget, dwarfing previous estimates of the fiscal ‘black hole’

The Independent UK · Oct 16, 2024

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Does the drop in inflation mean things are going to get better?

As the CPI shows a fall in the overall rate at which prices are rising, Sean O’Grady looks at what it might mean for those of us hoping for an improvement in our everyday finances – and for the chancellor, too, as she prepares to announce her first Budget in…

The Independent UK · Oct 16, 2024

A Quarter of Republican Trump Supporters Believe He Should 'Do Whatever it Takes to Assume Office if He Loses the Elections": Poll

As the 2024 election nears, Americans express deep divisions on key issues, with inflation and the state of democracy significantly influencing preferences.

Latin Times · Oct 16, 2024

Inflation drop ‘badly-timed’ for benefit claimants as next increase revealed

Lowered inflation rate will decide how much benefits are increased next year

The Independent UK · Oct 16, 2024

Inflation drops: What got cheaper and what cost more in September

From fish to hotels

The Independent UK · Oct 16, 2024

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What are Trump's Positions on Capital Gains Taxes?

Harris and Trump have different views on taxing capital gains. See what Trump said he would do if elected to the White House.

Kiplinger · Oct 16, 2024

UK Inflation Falls, Bank Of England Expected To Cut Rates

UK inflation hits 1.7%, lowest in 3 years, prompting potential interest rate cut by Bank of England. Global central banks adjusting rates to combat inflation.

The $20 Sandwich That Could Topple Trudeau

Consumer rage is real—and it’s shaping the next election

The Walrus · Oct 16, 2024

Surprise fall in UK inflation badly timed for benefit recipients

Payments such as universal credit linked to previous September’s figure, meaning a rise of just 1.7% in April

The Guardian - UK · Oct 16, 2024

UK house prices rise again in August to show market 'holding strong'

UK house prices saw a 2.8 per cent increase in August, marking six consecutive months of growth

Evening Standard · Oct 16, 2024

Annual house price growth accelerated in August ‘showing market holding strong’

The 2.8% rise represented the sixth month in a row of annual price increases, following eight months of annual decreases.

The Independent UK · Oct 16, 2024

Stock Index Futures Steady After Yesterday’s Sell-Off, Earnings in Focus

December S&P 500 E-Mini futures (ESZ24) are up +0.03%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.08% this morning, steadying after yesterday’s slump, while investors awaited the next round of corporate earnings.

Barchart · Oct 16, 2024

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The Guardian - UK · Oct 16, 2024

UK inflation surprise opens up wriggle room for lower rates and less painful budget

Fall means interest rates could be cut faster than previously thought and is welcome news for Rachel Reeves

International Business Times · Oct 16, 2024

UK Inflation Hits Three-year Low, Fuelling Rate-cut Hopes

Britain's annual inflation rate fell to a three-year low in September, official data showed Wednesday, fuelling speculation that the Bank of England will resume cutting interest rates next month.

Evening Standard · Oct 16, 2024

Today's big fall in inflation is an early Christmas present for homeowners and consumers

The mortgage price war between major lenders is now expected to resume after fizzling out in recent days

The National (Scotland) · Oct 16, 2024

UK inflation falls below 2 per cent target for first time in three years

Inflation dropped below the Bank of England target rate last month for the first time since April 2021, according to new figures.

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The National (Scotland) · Oct 16, 2024

How much state pensions are set to rise in April as Government 'face £100m bill'

The state pension increases in line with whichever is the highest of earnings growth, CPI inflation in September of the previous year, or 2.5

The Independent UK · Oct 16, 2024

UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut

Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting

The Independent UK · Oct 16, 2024

Rachel Reeves boosted by big drop in inflation as she seeks £40bn in Budget tax rises

The fall in inflation comes as Rachel Reeves looks for £40bn of spending cuts and tax hikes in the October 30 Budget

Evening Standard · Oct 16, 2024

Two interest rate cuts before Christmas 'now in play' after bigger than expected inflation fall

Fall opens the way for an interest rate cut from the Bank of England next month - and possibly also in December

The Guardian - UK · Oct 16, 2024

UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves

Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway

The Guardian - UK · Oct 16, 2024

Chances of November interest rate cut jump, and pound falls, as UK inflation drops to 1.7% – as it happened

UK inflation drops below 2% target in September, weakening pound, and likely meaning a small increase in state benefits next year

The Guardian - AU · Oct 16, 2024

Inflation expectations can be self-fulfilling. Here’s why that matters for Australia

The RBA’s chief economist says expected price rises appear to be sliding back towards long term norms – and that’s good news for actual prices

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