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The Latest Breaking News from Inflation

Breaking 5 publishers covering this story in the last 6 hours

3h ago US stocks: Nasdaq rises while S&P, Dow dip as softer inflation cools Fed hike bets
3h ago Meet 'America': Trump’s AI chatbot changes answers after challenging his claims
3h ago The Fed's Preferred Inflation Gauge Was Cooler And Private Payrolls Beat Expectations. Stocks Were Mixed.
4h ago Millions of Pensioners Face State Pension Shake-up as Triple Lock Set to Be Scrapped
4h ago France faces record €340bn borrowing test as government braces for 2027 budget

Exactly what the interest rate hike means for you - and what you need to do

Some will see an immediate bill hike of almost £50, others will have to wait a while for it to take effect

Wales Online · Jun 22, 2023

What does the Bank of England base rate hike mean for homeowners?

The Bank of England base rate now stands at 5% after a 0.5 percentage point hike on Thursday.

The Independent UK · Jun 22, 2023

What if all this interest rate pain brings no gain on inflation?

City comment: Most rate-setters don’t have mortgages. How hard it is to pay one might be passing them by.

Evening Standard · Jun 22, 2023

From analysis to the latest developments in health,
read the most diverse news in one place.

Bank of England hikes interest rate to 5% to reach highest level in almost 15 years

The Bank's Monetary Policy Committee have voted to increase the base rate by 0.5% in a bid to bring inflation down

Birmingham Post · Jun 22, 2023

Bank of England raises interest rates to 5% amid mortgage crisis

Bank of England governor Andrew Bailey warns further rises likely if inflation remains high as critics accuse him of being ‘asleep at the wheel’ in bid to curb spiralling prices

The Independent UK · Jun 22, 2023

Bank of England pushes interest rates to highest levels in almost 15 years

THE Bank of England has unexpectedly pushed up interest rates to 5 per cent, the highest rate in almost 15 years, as policymakers and the UK…

The National (Scotland) · Jun 22, 2023

Bank of England interest rate rise to 5% and what it means for you and your mortgage

Mortgage rates have jumped up to more than 6% for new buyers

Liverpool Echo · Jun 22, 2023

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Unexpectedly high interest rate rise puts more pressure on mortgage holders

Rates are now at the highest level in almost 15 years

Wales Online · Jun 22, 2023

Bank of England increase interest rates to 5%

It comes after inflation failed to drop in May

Manchester Evening News · Jun 22, 2023

Bank of England raises interest rates to 5%

The Monetary Policy Committee votes in favour of raising rates for the the 13th time in a row

Insider UK · Jun 22, 2023

Bank of England raises interest rates by a half point to 5%

Move brings borrowing costs to highest level since April 2008 as Bank intensifies efforts to control inflation

The Guardian - UK · Jun 22, 2023

The green arms race explained

The Biden administration’s Inflation Reduction Act (IRA), which came into effect last August, is sending shockwaves through not just the green technology industry, but through the entire global economic order.

The Week · Jun 22, 2023

Mortgage warning for millions as interest rates set to rise again today

The Bank of England is set to increase the base rate for the 13th time in a row

Liverpool Echo · Jun 22, 2023

Tell us: has your local UK pound shop changed its sign due to inflation?

We want to see how discount shops are adapting to inflation

The Guardian - UK · Jun 22, 2023

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The Independent UK · Jun 22, 2023

Why are interest rates going up – and what does it mean for mortgages?

Markets are now anticipating a high of 6% by early next year

Barchart · Jun 22, 2023

Stocks Slip Before the Open as Powell’s Hawkish Testimony Weighs on Sentiment, BoE Decision in Focus

September S&P 500 futures (ESU23) are down -0.19%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.29% this morning after three major U.S. benchmark indices ended the regular session lower as market participants digested a renewed warning issued by Federal Reserve Chair Jerome Powell, emphasizing the necessity of further…

The National (Scotland) · Jun 22, 2023

Labour rule out subsidies for mortgage holders as interest rates rocket

Rachel Reeves has ruled out Labour backing plans that would see subsidies or financial support for mortgage holders, as struggling homeowners brace…

The Guardian - UK · Jun 22, 2023

Rishi Sunak says he is ‘totally, 100% on it’ in battle against inflation – as it happened

Prime minister says he knows people will be anxious about rate rise but ‘it is going to be OK’

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The Independent UK · Jun 22, 2023

Foreign secretary James Cleverly mocked by BBC as he struggles to explain PM’s prices plan

Radio 4 interviewer laughs during Cleverly’s bid to defend Sunak

Daily Mirror · Jun 22, 2023

Three ways the Bank of England could try and cut inflation without rising interest rates

The Bank of England has upped its base interest rate again today but are there any other ways it can tackle inflation? - The Mirror asked three financial experts to find out if there is anything else that could be done

The National (Scotland) · Jun 22, 2023

Bank to hike rates again as Rishi Sunak struggles to tackle rising inflation

Government under fire over mortgage crisis as Bank set to hike rates again

The Independent UK · Jun 22, 2023

Stock market today: Asian shares mixed after Fed chair inflation comments

Asian shares are trading mixed, echoing the trend on Wall Street after the Federal Reserve chair made comments that indicated inflation still isn't under control

Manchester Evening News · Jun 22, 2023

What time is the Bank of England interest rate announcement today?

The Bank of England may raise the interest rate for the 13th time in a row

The Independent UK · Jun 22, 2023

Trigger recession to tame inflation, say economists – as Bank set to hike interest rates

‘There’s no other way around it’, says Jeremy Hunt adviser on looming UK recession

The Guardian - UK · Jun 22, 2023

Bank of England governor denies trying to trigger recession after hiking interest rates to 5% – as it happened

Rolling coverage as the Bank of England lifts UK interest rates to a 15-year high, as it contnues to fight inflation

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