Bank of England boss vows to ‘see the job through’ on reducing inflation Andrew Bailey to give speech in City of London signalling further interest rate rises are in store The Guardian - UK · Jul 10, 2023
Inflation's fear factor ebbs Inflation is not looking quite so scary to American consumers. Axios · Jul 10, 2023
Stocks Mixed as Broader Market Finds Support on Lower Bond Yields What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.14%. Stocks this morning are mixed, with the Nasdaq 100... Barchart · Jul 10, 2023
Major decision looms for Gateshead Quayside arena with redrawn plans set for council's approval The £300m-plus plans had to be redrawn as the inflation crisis sent costs spiralling, but it is hoped that construction can finally begin later this year Chronicle Live · Jul 10, 2023
3 Stocks to Add Some Exposure to Steel After a challenging 2022, the steel demand is expected to rise thanks to the reopening of the Chinese economy, easing inflation, and America’s infrastructure development initiatives. To that end, it could be wise to buy fundamentally strong steel stocks ArcelorMittal (MT), Commercial Metals Company (CMC), and Aperam (APEMY). Read more. StockNews.com · Jul 10, 2023
Markets Today: Stocks Mixed Despite Expectations for Further Fed Rate Hikes Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is up +0.21%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.58%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.13%. U.S. stock indexes this morning are mixed.... Barchart · Jul 10, 2023
Markets Today: Stocks Slightly Lower on Expectations for Further Fed Rate Hikes Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.06% at a 1-week low, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.12% at a 1-week low. U.S. stock index futures this morning are slightly lower. September E-Mini S&P 500 futures and Sep Nasdaq... Barchart · Jul 10, 2023
Stocks Set to Open Slightly Higher as Investors Await U.S. Inflation Data and Big Bank Earnings September S&P 500 futures (ESU23) are up +0.05%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.03% this morning as investors looked ahead to the latest U.S. inflation data as well as the start of the second-quarter earnings season. Barchart · Jul 10, 2023
Strong performance from Beal Homes as it builds towards 400 new homes a year ambition Green shoots seen in early 2023 performance after sale slowdown triggered by inflation and interest rate rises Birmingham Post · Jul 10, 2023
OPINION - Rishi Sunak can sort the strikes if he just stops playing small-time politics When prices go up, the fortunes of the Government go down. It’s as close to an axiom as we can find in politics. The Government is finding it hard to maintain control while the cost of everything goes up and that includes, inevitably, the cost of labour. The public sector… Evening Standard · Jul 10, 2023
TV Licence fee rise in 2024 could be lowered to ease cost of living crisis, as households struggle across UK Nadine Dorries last year announced that the fee would be frozen for two years, before another rise in 2024. As it is linked with inflation, this could take the price of a TV Licence from £159 to £172. Chronicle Live · Jul 10, 2023
TV licence fee rise 'could be cut' next year to ease financial strain on households Last year, former Culture Secretary Nadine Dorries announced that the fee would be frozen for two years, before rising in 2024 - with inflation this rise could take to price from £159 to £172 Daily Mirror · Jul 10, 2023
Another round of inflation is a bigger risk than a recession, Goldman Sachs economist says 'If anything the economy has grown too quickly.' Fortune · Jul 10, 2023
Egypt’s inflation rate sets record high at 36.8% in June, official data show Egypt's statistics bureau says the country's annual inflation rate has set a record high, reaching 36.8% last month compared to 33.7% in May The Independent UK · Jul 10, 2023
Barchart · Jul 10, 2023 Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings, Chinese Inflation Data Disappoints September S&P 500 futures (ESU23) are down -0.04%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.05% this morning as weak inflation data from China added to a gloomy global economic outlook while investors looked ahead to the latest U.S. inflation data as well as the start of the…
Barchart · Jul 10, 2023 Stocks Set to Open Lower as Chinese Inflation Data Disappoints, U.S. Inflation Data in Focus September S&P 500 futures (ESU23) are down -0.17%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.35% this morning as weak inflation data from China added to a gloomy global economic outlook while investors looked ahead to the latest U.S. inflation data as well as the start of the…
The Independent UK · Jul 10, 2023 August dates for DWP cost of living payments, benefits and pensions Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall
The Guardian - UK · Jul 10, 2023 Monday briefing: How the government’s debt woes could cost the economy – and Rishi Sunak In today’s newsletter: The prime minister promised to halve inflation this year, and is already struggling. What does that mean for an economy that keeps getting worse?
The Independent UK · Jul 10, 2023 Stock market today: Asian shares are mixed on signs of slowing growth in the US and China Asian shares have begun the week with mixed trading
The Guardian - US · Jul 10, 2023 Why aren’t Americans happier about the economy? The economy is getting better overall – but as the rich get richer and the poor grow poorer, overall has become a worse gauge of wellbeing
Birmingham Post · Jul 10, 2023 Economic growth sustained as inflationary pressures recede further - report Latest PMI report from NatWest and signals growth for the fifth month in a row
The Conversation · Jul 9, 2023 The true cost of food: High grocery prices are not the root issue Inflation and skyrocketing grocery bills are highlighting how the cost of food is impacting our wallets. Higher prices cost everyone more, but they make it most difficult for those with low incomes to meet their basic needs.
The Independent UK · Jul 9, 2023 August dates for DWP cost of living payments, benefits and pensions Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall
The Guardian - UK · Jul 9, 2023 It’s not just the Bank of England feeling the heat from wrong forecasts Economists failing to predict levels of inflation is bad enough but it’s deadly when weather forecasters miss the mark
Daily Mirror · Jul 8, 2023 Plane ticket prices skyrocket by 31% - but 'fed up' Brits still travel 'to escape misery' Air fares from the UK surged by 31.4% in the year to May, according to the Office for National Statistics – more than treble the 8.7% rate of inflation, but this hasn't stopped Brits from travelling