Is the cost-of-living squeeze coming to an end? City voices: The crisis may not be over, but there are signs we’re approaching the end Evening Standard · Sep 22, 2023
S&P Futures Tick Higher as Investors Await U.S. PMI Data, Rate Worries Persist December S&P 500 futures (ESZ23) are trending up +0.22% this morning after three major U.S. benchmark indices finished the regular session in the red as the latest data on the labor market reinforced the case for the Fed’s stance of holding rates higher for longer. Barchart · Sep 22, 2023
October dates for benefits, pensions and cost of living payments Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders The Independent UK · Sep 22, 2023
September dates for benefits, pensions and cost of living payments Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders The Independent UK · Sep 22, 2023
Payday loans and side hustles: Will a freeze in interest rates really help struggling households? Londoners said the rate freeze did little to solve the cost of living crisis or soaring prices The Independent UK · Sep 21, 2023
Tax cuts ‘virtually impossible’, says Jeremy Hunt in major blow for Tory right Chancellor insists he still faces ‘very difficult decisions’ at Budget despite better economic news The Independent UK · Sep 21, 2023
OPINION - Have we finally reached peak interest rates? Had the prime minister not spent Wednesday preparing to roll back Britain’s climate policies, the big story of the day would have been a good news one for the government: inflation continues to fall. Evening Standard · Sep 21, 2023
Inflation Here To Stay? Plus: DeSantis campaign on life support, Biden climate corps seeks to waste your money, implanting chips into brains, and more… Reason · Sep 21, 2023
Turkey’s central bank hikes interest rates again in further shift in economic policies Turkey's central bank has raised its key interest rate by 5 percentage points to 30% The Independent UK · Sep 21, 2023
Judging by the state of the UK economy, the Bank is done with interest rate hikes Decision to hold rate at 5.25% will be good news for mortgage holders and firms but reflects dramatic weakening of economic activity The Guardian - UK · Sep 21, 2023
Why Bitcoin, Ethereum, And Dogecoin Are Heading Lower Today Despite Powell’s ‘Very Very Good’ Remarks On Inflation Major cryptocurrencies experienced a significant decrease in value on Wednesday evening Zenger · Sep 21, 2023
'Bidenomics' Is Failing Everyday Americans The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt. Reason · Sep 21, 2023
Chhattisgarh: Congress leader Priyanka Gandhi targets PM Modi for inflation, joblessness, sale of assets The country’s peasant has a dismal average income of Rs 27 per day while Modi’s industrialist buddy raked in Rs 1,600 crore on a single day.” Read further on Dynamite News: Dynamite News · Sep 21, 2023
Peak rates speculation mounts as Bank of England keeps cost of borrowing on hold at 5.25% Is that it? Could the BOE’s last rate hike be behind it as its inflation fight kicks in? Evening Standard · Sep 21, 2023
The Guardian - UK · Sep 21, 2023 Jeremy Hunt urged to spend on public services after inflation bolsters finances Resolution Foundation says cuts earmarked for after election are ‘even less tenable’ now Treasury is £11.4bn better off than forecast
The Independent UK · Sep 21, 2023 UK interest rates stay at 5.25% in surprise move by Bank of England The Bank of England announcement comes after inflation unexpectedly fell this week
The Guardian - UK · Sep 21, 2023 Bank of England’s interest rate pause raises hopes peak has been reached Relief for mortgage holders after 14 consecutive rises as UK economy comes under growing pressure
The Independent UK · Sep 21, 2023 Sweden's central bank hikes key interest rate, saying inflation is still too high Sweden’s central bank has raised its key interest rate, saying the “inflationary pressures in the Swedish economy are still too high.”
The Independent UK · Sep 21, 2023 UK homeowners hope Bank of England avoids another rate hike after inflation falls Homeowners across the U.K. are hoping that the Bank of England will decide to avoid raising interest rates for the first time in nearly two years
The Guardian - UK · Sep 21, 2023 Bank of England governor says ‘no room for complacency’ after leaving interest rates on hold – as it happened BoE policymakers were split 5-4 on interest rates this month, with a narrow majority voting to leave Bank rate at 5.25%
AAP · Sep 21, 2023 Price-setting 'missing' in the inflation story: Fels Former competition watchdog chair Allan Fels is scrutinising the connection between corporate price setting and profits and current high inflation.
Dynamite News · Sep 21, 2023 Selling spree continues in Indian stocks for third straight day The selling spree continues in Indian stock markets for the third straight session as the US central bank while keeping its interest rate steady in the September meeting, hinted that it may again hike rates going ahead if need be, in its fight against inflation. Read further on Dynamite News:
The Hindu · Sep 21, 2023 India to clock GDP growth of 6.5 pc in FY24 despite high crude oil prices: NITI Aayog member Arvind Virmani India's GDP growth projected at 6.5% for FY24, despite high crude oil prices & increased uncertainty due to climate change. Gross household savings ratio consistently up, net household savings down due to consumer debt. Inflationary impact of oil prices, but govt has managed food inflation well.
The Independent UK · Sep 21, 2023 September dates for benefits, pensions and cost of living payments Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders
The Independent UK · Sep 21, 2023 October dates for benefits, pensions and cost of living payments Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders