Bank of England interest rate decision on knife edge after inflation fall Markets revise forecasts, raising chance interest rates may be kept on hold for first time in two years The Guardian - UK · Sep 21, 2023
New Report Says Corporate Top Dogs Need To Take A Pay Cut In Order To Increase Our Wages & Duh A new report has recommended Aussie bosses take a pay cut in order to pair employees a fair wage to curb inflation. Pedestrian.tv · Sep 21, 2023
The Federal Reserve held off hiking interest rates − it may still be too early to start popping the corks Federal Reserve officials held interest rates steady at their monthly policy meeting on Sept. 20, 2023 – only the second time they have done so since embarking on a rate-raising campaign a year and a half ago. But it is what they hinted at rather than what they did that… The Conversation · Sep 21, 2023
Almost 2,000 more independent stores in Great Britain left empty this year Biggest rise in vacancies in at least eight years comes as inflation and cost of living crisis hit businesses The Guardian - UK · Sep 20, 2023
Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation The move suggests that the Fed thinks it has time to wait and see if the 11 rate hikes it unleashed starting in March 2022 will continue to cool rising prices. Chicago Sun-Times · Sep 20, 2023
Carl Icahn thought the inflation of 2022 was just like the fall of the Roman Empire. He's not the only billionaire with ancient Rome on the mind A TikTok with over 1 billion views argues that men think about the Roman empire a lot—and gloomy billionaires are no exception. Fortune · Sep 20, 2023
The Federal Reserve holds interest rates steady but hints at more action this year The Federal Reserve left interest rates unchanged Wednesday, despite stubborn inflation, although it left the door open to an additional rate hike in November or December. WEKU · Sep 20, 2023
US interest rate will remain unchanged at 22-year high, Federal Reserve says Federal funds rate will remain at the the same level as the central bank announced in July, when it last raised rates The Guardian - US · Sep 20, 2023
Mortgage lenders including NatWest cut rates after surprise inflation drop Brokers expect more home loan reductions with offerings at lowest prices for several months The Guardian - UK · Sep 20, 2023
With the economy faltering, rates may already be too high City Voices: Most of the macroeconomic factors facing the UK economy, bar inflation, now point to a policy rate which is too restrictive Evening Standard · Sep 20, 2023
Surprise inflation fall signals hope for homeowners as economists call for interest rate pause Bank of England holding off on interest rate rises could be ‘breath of fresh air for those on variable rates or trackers’ The Independent UK · Sep 20, 2023
Alcohol cost to rise as ministers plan to increase minimum unit price THE price of alcohol in Scotland looks set to increase after the Scottish Government published plans to increase the level of minimum unit pricing… The National (Scotland) · Sep 20, 2023
Hold discussion on India-Canada diplomatic row in Parliament: NCP asks government NCP MP Supriya Sule urges government to discuss India-Canada ties in special Parliament session. Raises issues of onion prices, inflation, drought, and Maharashtra, Maratha, Dhangar, Lingayat and Muslim reservation The Hindu · Sep 20, 2023
London sees ‘record-breaking surge’ in rental prices as house prices dip Rising rental prices in London continue to break all records as house price growth falls, data shows Evening Standard · Sep 20, 2023
France 24 · Sep 20, 2023 Will the Federal Reserve pause its monetary tightening cycle? Investors around the world are awaiting the conclusion of the Federal Reserve meeting in Washington this Wednesday. While there is a wide consensus that the US central bank will leave its key interest rate unchanged, observers will be looking for clues as to how much longer the Fed's cycle of…
Reason · Sep 20, 2023 Biden, the 'Most Pro-Union President,' Reaps What He Sows Labor actions largely respond to policies that cause widespread pain.
The Guardian - UK · Sep 20, 2023 Bank of England likely to ignore calls for rate rise restraint despite inflation fall Business groups and economists fear further increases risk rise in corporate bankruptcies and unemployment
Evening Standard · Sep 20, 2023 Bank of England may ease pressure on mortgage holders today by pausing interest rate rises Markets see Thursday’s interest rate decision from the Bank of England’s Monetary Policy Committee more or less a coin toss
The Hindu · Sep 20, 2023 Are export ban, stocking limits on rice and wheat curbing inflation? | Data Government’s "knee-jerk" steps to curb inflation, such as export bans and duties, are ineffective. A rational trade policy is needed to consider both consumers and producers.
WEKU · Sep 20, 2023 Why the UAW is fighting so hard for these 4 key demands in the auto strike Driving the UAW's tough stance in negotiations with the Big Three automakers is the sense that the union is owed a long-overdue redressal for all the concessions workers made in 2007.
The Independent UK · Sep 20, 2023 Hunt: Inflation plan working but households still feeling cost-of-living pain The Chancellor said there is still ‘immense pressure’ on families but the Government’s plan ‘is working – plain and simple’.
The Guardian - UK · Sep 20, 2023 UK inflation: which goods and services have changed most in price? From vegetables to coffee and transport to recreation, how the cost of everyday items varies
AAP · Sep 20, 2023 Recipe for change as dry spell may eat into food prices The declaration of an El Nino event alongside a second driver of dry weather could prove to be another spanner in the works in the fight against inflation.
The Independent UK · Sep 20, 2023 UK inflation in surprise fall in August, though Bank of England still set to raise rates Inflation in Britain fell unexpectedly in August to its lowest level since the start of Russia’s invasion of Ukraine, which led to sharp rises in energy and food costs
AAP · Sep 20, 2023 Aussie shares on track for third straight day of losses The Australian share market has dropped 0.46 per cent ahead of the US Federal Reserve meeting and following hotter-than-expected Canadian inflation data.