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inflation

Bank of England votes to keep interest rates at 5% due to ‘stubborn’ inflation

The Bank of England has voted to keep the base rate at five per cent in a blow to borrowers, particularly those with mortgage...

US Fed cuts rates by larger than usual half-percentage point

Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this yearThe United States Federal Reserve...

The painful price rise that may cost Britain another interest rate cut

The Bank of England cut interest rates for the first time in...

Inflation update: CPI rate UNCHANGED at 2.2% with Bank of England in ‘strong position’ to cut rates

Inflation for the 12 month to August 2024 remained unchanged from the previous month of 2.2 per cent, according to figures from the Office...

It’s a big week for central banks around the world, with a slew of rate moves on the table

Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building in...

The Bank will cut rates this week but the battle against inflation is far from over

Quite apart from the damage in the labour market, a significant economic...

Interest rate warning as ‘careful’ Bank of England to pause cuts next week

Economists are warning that the Bank of England is likely to pause cutting interest rate cuts ahead of this week's upcoming Monetary Policy Committee...

Families face £40bn in tax rises every decade to get national debt under control

FAMILIES face £40billion in tax rises or spending cuts every decade to get national debt under control, a watchdog warns.The gloomy financial forecast is...

EUR/USD gains from 1.1000 after ECB delivers 25 bps rate cut, US annual PPI slows

EUR/USD recovers from 1.1000 after...

Here’s the inflation breakdown for August 2024 — in one chart

Grace Cary | Moment | Getty ImagesInflation continued to throttle back in August, signaling that the fast-rising prices that plagued the U.S. economy for...

Inflation drops to a 3-year low ahead of Fed’s rate meeting

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal...

Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that sets the stage for an...

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