The Latest Breaking News from Inflation

The second move in three months reduces the official cost of borrowing to its lowest level since summer 2023

Borrowing costs reduced for second time this year with Fed expected to cut US rates later on Thursday

Sweden's central bank cuts interest rate to 2.75%, aiming to stabilize economy and inflation. Norway maintains policy rate at 4.5%.

Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decade

The UK’s second largest supermarket firm said changes to national insurance rules will lead to a £140 million cost increase.

Bank of England considers second rate cut as inflation drops, amid economic uncertainties and potential global impacts.

NI hike will cost Britain’s second biggest supermarket £140 million next year

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Presidents are “not permitted under the law” to fire Federal Reserve chair or demote governors, Powell insists

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

The Bank of England is set to cut interest rates for the second time in three months as inflation has fallen to its lowest level in more than three years