The Latest Breaking News from Inflation

The eurozone's annual inflation rate rebounded more than expected in October due to rising food costs, official data showed on Thursday, but remains in line with the European Central Bank's two-percent target.

December S&P 500 E-Mini futures (ESZ24) are down -0.77%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -1.09% this morning as investors digested quarterly earnings reports from Microsoft and Meta as well as robust U.S. economic data that muddied the outlook for Federal Reserve rate cuts.

Donald Trump claimed he will bring back the “American Dream” - and end inflation and immigration in just six days.

Chancellor Rachel Reeves used Labour’s first budget since 2010 to put extra money into public services but sent taxes to a post-war high.

Whatever the outcome of the presidential race, the S&P 500 and economy may get a short-term boost. But that lift may not last long.

Harris cast the deciding vote to make the Inflation Reduction Act law. Trump has vowed to claw back as much of that money as he can.

Chancellor Rachel Reeves announced almost £70 billion of extra spending each year in her maiden budget.

How Rachel Reeves’s measures on pensions, income tax, stamp duty and fuel duty will affect UK consumers

​L​abour announces only​ the second RPI-plus ​r​ise ​since 2013, though​ stresses it is ‘lowest absolute increase in three years’