The Latest Breaking News from Inflation

Analysts are expecting the FOMC to push back their "normalization" base rate cuts amid economic uncertainty, as Jerome Powell takes a step back from any action despite pressure from Donald Trump.

For the first time ever, the price of gold has surpassed the $3,000-per-ounce threshold. Driven by escalating tensions in the Middle East, persistent trade fears, and a weakening U.S. dollar. Investors globally have sought refuge in gold as a safe-haven asset, causing prices to soar by over 15% this year.

London, Paris and Frankfurt rose at the open. The rally came after a second successive day of gains on Wall Street, which has been hammered this month by a sell-off sparked by Trump's tariffs campaign that many fear could ramp up US inflation and hammer the economy.

Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn.

Pulled pork replaces oven-ready gammon joints, and local newspaper adverts are out on ONS list

The good news is you can earn over 4% on many CDs. However, there are three types of CDs I wouldn’t currently recommend.

Faced with persistent inflation and a slowing economy, the Federal Reserve finds itself in a tight spot ahead of its interest rate decision this week.

Trump will need to substantively boost the economy if he and Republicans want to maintain power.

The OECD has lowered its eurozone GDP growth forecast to 1.0% for 2025, down from 1.3% in December, citing weak investment and rising geopolitical risks. Global growth is also revised down to 3.1% as trade disruptions weigh on sentiment.