The Latest Breaking News from Inflation

Wall Street is panicking over Kevin Warsh’s patience

The Dow fell over 2% after the conference.

Fortune · Jul 29

Warsh Says Five-Year Inflation Fight Won’t End Fast as 30-Year Tops 5.2%: What Do Prediction Markets Say?

Federal Reserve Chairman Kevin Warsh held interest rates steady Wednesday for a fifth straight meeting, then told reporters that while the Fed "hasn’t done much in 42 days, the markets have done quite a bit."

Benzinga · Jul 29

US stocks: US market closes down sharply after Fed holds rates unchanged

Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports. Investors are concerned about the sustainability of AI spending and increasing competition from China. Major companies like Microsoft and Meta Platforms are set to release…

The Economic Times · Jul 29

A divided Federal Reserve holds interest rates steady despite high inflation

The ongoing war in Iran continues to inject considerable uncertainty into the Fed’s decision-making process

The Independent UK · Jul 29

The Fed Kept Interest Rates Steady, But It Was Not a Unanimous Decision

The Federal Reserve left interest rates unchanged, but stubborn inflationary risks and renewed energy market volatility keep pressure on the central bank to tighten policy later this year.

International Business Times · Jul 29

US Federal Reserve keeps rates steady as Iran-driven inflation risks keep markets on edge

The US Federal Reserve kept interest rates unchanged, awaiting clearer inflation signals. Renewed fighting linked to Iran pressures oil prices and clouds economic outlook. Inflation remains above the Fed's target, causing investor concern about potential price increases.

The Economic Times · Jul 29

Grocery Staples Still Shocking Shoppers Despite Slower Inflation

Economic reports indicate that overall grocery inflation is finally slowing down across the country. Despite this broader macroeconomic trend, specific food staple prices continue shocking shoppers at registers. Walking down dairy and meat aisles reveals stubbornly high costs for basic daily essentials. Families operating on tight weekly budgets struggle to…

Grocery Coupon Guide · Jul 29

Fed expected to keep rates unchanged for now despite high prices

Federal Reserve policymakers are growing impatient with inflation , which has remained above their 2% target for over five years, though they are widely expected to keep benchmark interest rates unchanged at their meeting on Wednesday. While an immediate rate hike is unlikely, there is a strong consensus among Wall…

The Independent UK · Jul 29

US Federal Reserve expected to hold rates as Iran war clouds inflation outlook

The US Federal Reserve is expected to keep interest rates unchanged, with markets increasingly pricing in a September hike. Persistent inflation, geopolitical tensions, elevated oil prices and upcoming economic data continue to shape policymakers’ outlook and strengthen the case for tighter monetary policy.

The Economic Times · Jul 29

The likelihood of the RBA raising interest rates has fallen. Have we finally come to our senses?

The latest inflation figures have put off the expectation of another rate rise until early next year – unless we look for an excuse for the RBA to move earlier

The Guardian - AU · Jul 29