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The Latest Breaking News from Inflation

UK house prices rise for the first time in a year, new ONS figures reveal

Average house price across the UK are now £283,000, according to the ONS

The Independent UK

Hunt hit by inflation ‘miss’ and benefits bill

Higher-than-expected inflation dealt a blow to interest rate cut hopes, while public borrowing grew by £1.5 billion

Evening Standard

Watch: Sunak faces Starmer at PMQs after declaring inflation ‘back to normal’

Watch as Rishi Sunak faces Sir Keir Starmer at Prime Minister’s Questions on Wednesday 22 May.

The Independent UK

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Rishi Sunak announces July 4 general election in huge gamble which stuns Tory MPs

Sir Keir Starmer responded swiftly saying it was time for ‘change’ as both leaders kickstarted their election campaigns

Evening Standard

UK inflation falls to 2.3%, lowest level in nearly 3 years but still above Bank of England's target

Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills

The Independent UK

ECB Can Start Cuts Before Fed, Says Finnish Bank Governor

The European Central Bank did not have to take its cues from the US Federal Reserve and could start to lower rates as soon as June, Bank of Finland governor Olli Rehn told AFP. "While we don't make policy in a vacuum, the ECB is not the 13th Federal district…

International Business Times

S&P Futures Tick Lower Ahead of FOMC Meeting Minutes, Nvidia Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are trending down -0.11% this morning as market participants awaited minutes of the Federal Reserve’s latest policy meeting as well as an earnings report from artificial intelligence bellwether Nvidia.

Barchart

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Jeremy Hunt hails fall in inflation but admits: 'Do people feel better off now than a few years ago? No.'

The Chancellor said many households are still finding it ‘tough’ after prices spiralled in Britain but stressed there were ‘healthy prospects going forward’

Evening Standard

Sunak says Labour taking victory for granted as Starmer calls on voters to ‘stop the chaos’ – as it happened

Prime minister announces early summer election with date putting parties on campaign trail for six weeks

The Guardian - UK

Inflation, election lies and racial tension weigh on voters in Georgia swing county: ‘We all got to eat’

In Peach county, where Trump narrowly won in 2020, voters say they’re struggling with rising prices ahead of the presidential election

The Guardian - US

Majority of Americans wrongly believe US is in recession – and most blame Biden

Exclusive Harris poll for the Guardian shows 55% believe economy is shrinking, in troubling sign for president’s re-election bid

The Guardian - US

Big drop in UK inflation rate disguises more disappointing details

Service sector inflation, monitored closely by Bank of England, barely budged in April

The Guardian - UK

Rishi Sunak told 'cost of living crisis not over' as inflation eases

THE Prime Minister has been warned the cost of living crisis is not yet over as he welcomed the latest inflation figures.

The National (Scotland)

UK Inflation Slows To Near Three-year Low

Britain's annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a cost-of-living crunch before this year's general election.

International Business Times

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Evening Standard

Many Londoners 'living on edge of hardship' as poll shows one in four couldn't afford surprise £50 bill

Survey by Savanta for the Centre for London laid bare how many households in the capital are struggling with the cost-of-living crisis

Evening Standard

Blow to interest rate cut hopes as inflation remains above Bank of England target

The sharp fall in the Consumer Prices Index was driven by the lower energy price cap an lower food bills

The Independent UK

Inflation falls to 2.3% in boost for Rishi Sunak

In a boost for Rishi Sunak, the rate of inflation is now just 0.3 per cent away from the Bank of England’s 2 per cent target, having skyrocketed in the wake of Russia’s full-scale invasion of Ukraine

The Independent UK

UK interest rate cut more likely in August as inflation falls less than expected to 2.3% in April

Getting inflation down to 2 per cent is a key target for the Bank of England

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The Guardian - UK

UK inflation falls by less than expected to 2.3%, reducing chance of June rate cut

Drop in April is smaller than forecast but level is still lowest in almost three years

The Guardian - UK

Third BHP takeover offer swiftly rejected by Anglo American; UK inflation slows to 2.3% – as it happened

Anglo agrees to enter talks with larger rival, though BHP calls its £38.6n offer ‘final’

The Independent UK

General election latest: Reform refuse to rule out Farage standing as Starmer say he would use nuclear weapons

The honorary president of Reform UK will give a press conference in London at 4pm

The Guardian - UK

Rishi Sunak is holding out for a feelgood factor. It will only come once he’s gone

Lower inflation won’t help the Tories when everything still feels expensive and public services are on their knees, says Guardian columnist Rafael Behr

Top News

Economic Impact Of Trump Vs. Biden Policies Explained

Explore the potential economic impacts of Trump and Biden's policies on inflation, tax burdens, and wealth accumulation in the upcoming presidential election.

StockNews.com

These 5 Economic Reports Hold the Key for Stocks

Thanks to signs of easing inflation in May we have enjoyed a rally for stocks with the S&P 500 (SPY) making new all time highs. What happens next for stocks very much is tied to the results for these 5 upcoming economic reports. Steve Reitmeister previews these announcements with keys…

Barchart

Stocks Finish Higher Ahead of Nvidia’s Earnings

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. US stock indexes closed moderately higher on Tuesday as they consolidated just below last...

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