The Latest Breaking News from Inflation

Bank of England warns of recession risk in run-up to expected election next year

Interest rates left unchanged at 5.25% as Bank signals 50-50 chance of recession by mid-2024

The Guardian - UK · Nov 2, 2023

Sainsbury’s declares it is winning back Lidl and Aldi customers

Chief says firm making record gains in market share after passing on savings to shoppers with discounted groceries

The Guardian - UK · Nov 2, 2023

Federal Reserve holds interest rates steady as US economy charges ahead

The US central bank maintains its pause on raising interest rates, while leaving the door open for future hikes, as inflation remains well above its 2 percent target. Also, 28 countries and the EU sign the "Bletchley Declaration" calling for international cooperation on ensuring AI safety. Plus the fate of…

France 24 · Nov 2, 2023

Labour says 630,000 will be hit by surge in mortgage costs before 2024 elections

Long period of high interest rates expected, meaning higher costs for homeowners whose fixed-rate deals are coming to an end

The Guardian - UK · Nov 2, 2023

Stocks Rally on Hopes the Fed is Done Raising Rates

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday rose by +1.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) rose by +0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose by +1.77%. Stocks on Wednesday rallied, with the S&P 500 and...

Barchart · Nov 1, 2023

Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike

The Fed chair expressed confidence that inflation, despite some signs of persistence in the most recent monthly data, is still heading lower even as the economy has kept growing.

Chicago Sun-Times · Nov 1, 2023

Fed Stands Pat on Interest Rates: What the Experts Are Saying

The Fed elected to go with a "hawkish pause" on interest rates for a second straight meeting.

Kiplinger · Nov 1, 2023

The Fed Skips Interest Rate Hike, Again

The Federal Reserve kept its federal funds rate unchanged at a 22-year high of 5.25% to 5.5%.

Kiplinger · Nov 1, 2023

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 · Nov 1, 2023

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 · Nov 1, 2023