The Latest Breaking News from Inflation

Biden makes ‘declaration of progress’ on economy after Fed cuts interest rates

Interest rates going down ‘will provide relief by making things more affordable’

The Independent UK · Sep 19, 2024

How a doubling of sentence lengths helped pack England’s prisons to the rafters

Around 1,750 prisoners in England and Wales were recently released early, the first part of the government’s plan to solve the prison overcrowding crisis.

The Conversation · Sep 19, 2024

US Fed Rate Cut Is 'Very Positive Sign' For Economy: Yellen

The US central bank's decision to slash interest rates this week is a "very positive sign" for where the world's biggest economy stands, US Treasury Secretary Janet Yellen said Thursday.

International Business Times · Sep 19, 2024

Bank of England leaves interest rates unchanged at 5%

The next reduction in the cost of borrowing is now expected in November

Evening Standard · Sep 19, 2024

Interest rates ‘on path down’ despite hold at 5%, Bank of England chief says

Bank voted on Thursday not to change borrowing costs – but Andrew Bailey says cuts likely to resume

The Guardian - UK · Sep 19, 2024

Grattan on Friday: US rate cut puts pressure on RBA - and things could get heated

Reserve Bank Governor Michele Bullock might need her flak jacket when she fronts the media next Tuesday after the bank’s two-day board meeting.

The Conversation · Sep 19, 2024

Bank Of England Expected To Keep Interest Rates Unchanged

Bank of England likely to maintain interest rates amid UK inflation concerns. US Federal Reserve cuts rates.

Top News · Sep 19, 2024

Bank of England widely expected to hold interest rates despite big US Fed cut

The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago

The Independent UK · Sep 19, 2024

Unemployment of 4.2% is a sign of RBA success, but it might not last. Here’s why

Today’s news that an extra 47,500 Australians found work in August while the unemployment rate held steady at 4.2% is a sign of success for both the government and Reserve Bank.

The Conversation · Sep 19, 2024

US Fed Makes Aggressive Rate Cut, Weeks Before Election

The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction for more than four years, sharply lowering borrowing costs shortly before November's presidential election.

International Business Times · Sep 19, 2024