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The Latest Breaking News from Inflation

US Fed cuts rates by larger than usual half-percentage point

Central bank’s rate-setting committee says it has ‘greater confidence’ inflation is moving towards two-percent target.

Al Jazeera

US Unemployment Rate Expected To Reach 4.4% By Year-End

US unemployment rate rises to 4.3% in July, inflation projected to moderate to 2.3% this year. Fed aims for 2% inflation rate by 2026.

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Fed cuts interest rates by half point for first time in years. Here’s what that means for you

The major move signals end to inflation fight while shoring up job market for ‘soft landing’ as borrowing to get cheaper

The Independent UK

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Federal Reserve Cuts Interest Rates For First Time In Biden Era

Federal Reserve's interest rate cut under President Biden addresses inflation concerns and sparks economic discussions.

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Federal Reserve Cuts Interest Rates For First Time In 2022

Federal Reserve's rate cut to combat inflation and stimulate economic growth, impacting borrowing costs and investments.

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The Federal Reserve is finally lowering rates. Here's what consumers should know

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

The Independent UK

Fed institutes mega interest-rate cut as labor market cools

It's the first Fed rate cut since the COVID lockdown easing that began in March of 2020.

Fortune

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Federal Reserve's Patience Pays Off As Inflation Finally Eases

Federal Reserve's efforts to control inflation faced challenges in 2022 and 2023, leading to relief for Americans as bond yields decreased.

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Trump And Harris In Dead Heat In Georgia Poll

Georgia poll shows Trump and Harris in tight race for 2024 election, with inflation as top voter concern.

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Global Central Banks Making Rate Decisions Amid Inflation Concerns

Global central banks, including Bank of England and Bank of Japan, making rate decisions amidst changing inflation levels.

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US Economy Reaches Turning Point As Inflation Surge Ends

Lael Brainard discusses the US economy's turning point and the impact of lower interest rates on housing market accessibility.

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Federal Reserve Expected To Cut Interest Rates After Long Wait

The Federal Reserve's anticipated interest rate cut could impact inflation and the cost of living for Americans, with potential far-reaching implications f...

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Federal Reserve Poised To Cut Benchmark Interest Rate

The Federal Reserve considers a rate cut to address inflation concerns and support economic growth.

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What will a Federal Reserve interest rate cut mean for you?

The Fed has announced an interest-rate cut for the first time in four years – what effect will it have on consumers?

The Guardian - US

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The Independent UK

Annual house price growth slows but rents climb at near-record rate, says ONS

Growth in house prices slowed to 2.2% in the 12 months to July, from 2.7% annually in June, according to the Office for National Statistics.

The Guardian - UK

With inflation staying at 2.2%, will Bank of England cut interest rates this week?

CPI rise is below expectations for second month running, but Bank knows headline figure is far from the whole story

International Business Times UK

Tween Says Dad Is 'Ruining Her Life' When He Insists On Buying Her A $600 iPhone 13 Vs. $1200 iPhone 15

A tween throws a fit demanding a $1200 iPhone despite her parents offering a more affordable $600 model.

The Independent UK

UK inflation is steady at 2.2% ahead of Bank of England's next rate decision

Inflation in the U.K. held steady at an annual rate of 2.2% in August with higher air fares offset by lower fuel costs and restaurant and hotel bills

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The Independent UK

UK inflation remained unchanged at 2.2% in August

Bank of England expected to hit the pause button on interest rate cutes on Thursday

Evening Standard

Soaring air fares stop inflation falling back towards its 2% target rate

But prices of services rose more quickly than in July in a possible setback to hopes for an interest rate cut this week

The Guardian - UK

UK inflation stays at 2.2% as lower petrol prices offset by higher air fares

Annual rate in August unchanged, and hovering above Bank of England’s 2% target

The Guardian - UK

Fed chair Jerome Powell says US interest rate cut has nothing to do with election – as it happened

Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’

The Independent UK

Federal Reserve is set to cut interest rates for the first time in 4 years

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses

The Guardian - UK

Rise in chocolate prices could spook shoppers this Halloween

Increase of 11% in a year far outstrips grocery inflation in UK, according to the consumer group Which?

International Business Times

US Fed Set To Make First Rate Cut Since 2020

The US Federal Reserve is all but certain to cut interest rates on Wednesday for the first time in more than four years, a significant move likely to ripple through global financial markets.

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