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Year-over-year inflation in the United States reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. CBC | World News
Read More »Tag Archives: Inflation
Bank of England interest rate cuts warning after inflation rise disappointment
Finance experts say the news could hit home buyers in the pocket by slowing cuts in mortgage rates. Daily Express :: Finance Feed
Read More »Inflation rises above 2% in July in first increase of the year
The increase is largely due to gas and electricity prices not dropping as much as they did a year ago. Daily Express :: Finance Feed
Read More »Ofcom bans ‘unfair’ mid-contract mobile and broadband price rises based on inflation
The new mobile and broadband contract rules will fully come into effect from January. Daily Express :: Finance Feed
Read More »Inflation in U.S. drops as consumer prices unexpectedly fell in June
U.S. consumer prices unexpectedly fell in June, reinforcing many economist views that inflation is again dropping there and drawing the Federal Reserve another step closer to cutting interest rates. CBC | World News
Read More »Retail relief as products drop in price alongside easing inflation in boost to shoppers
Food inflation is at its lowest since 2021 and non-food items have actually decreased. Daily Express :: Finance Feed
Read More »Recovery! Inflation down, growth up and we’re shopping again – bad news for Sunak
In politics, timing is everything. PM Rishi Sunak has worked hard to get the economy moving again. But it won’t be enough to save him at the general election. Daily Express :: Finance Feed
Read More »Sainsbury’s, Morrisons and Iceland market shares unveiled as UK gets inflation boost
Sales of prepared salad dipped by 11 percent in the past month while the figure for soups was up by 24 percent, according to research from retail analysts Kantar. Daily Express :: Finance Feed
Read More »U.S. inflation eased in May, signaling that an early-year price uptick has passed
U.S. inflation eased last month in a hopeful sign that an uptick in prices from earlier this year may have passed. The trend, if it holds, could move the Federal Reserve closer to cutting its benchmark interest rate from its 23-year peak. CBC | World News
Read More »Best savings accounts now offer interest rates more than double inflation – top 7 accounts
An impressive 1,642 savings accounts now offer interest rates above the UK’s 2.3 percent inflation rate. Daily Express :: Finance Feed
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