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inflation

Annual inflation rate slows to 2.9% in July, lowest since 2021

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an...

Why rising inflation doesn’t spell disaster for your mortgage

The key reason why services inflation rose by less than expected is...

CNBC Daily Open: Wall Street soars; Starbucks ousts CEO

Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | Getty ImagesThis...

Inflation warning: CPI rate forecast to RISE tomorrow in blow to Labour

Inflation is expected to rise for the first time this year tomorrow (August 14) in a blow for Britons and the new Labour Government....

Cost of living blow as grocery price inflation rises for first time in a year

Grocery price inflation in the UK has risen for the first time since March 2023 in another cost of living blow to Britons, according...

UK house prices rise in July following Bank of England rate change

HOUSE prices rose by 0.8% in July following the Bank of England's rate change, one of the UK's biggest lenders has found.The housing market...

Global stocks tumble on fears of U.S. recession, tech pullback

Open this photo in gallery:Global stock markets plummeted on Monday as worries mounted that the U.S. economy could be headed for a recession and...

Banks and building societies cut savings accounts after BoE interest rate cut

MILLIONS of savers are facing lower returns as major banks and building societies slash their savings rates. The move follows the Bank of England's decision to...

UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

A row of traditional houses on a street in London's Muswell Hill suburb, located to the north of London, with views of the Canary...

Why the Bank of England has finally cut rates – but might not rush to do it again

One of the biggest difficulties for Bailey and his colleagues is that...

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its target, which could...

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