The Latest Breaking News from Inflation

Most men assume they’re on the right track with their retirement savings. However, when it comes down to it, they are still getting a lot of things wrong. A lot of men are saving way less than they’ll actually need, and there are plenty of guys who are making emotional…

U.S. stocks traded higher toward the end of trading, with the SP 500 gaining around 1% on Tuesday.

Strong annual growth in wages will be noted by the Reserve Bank as it collates data leading up to its next decision on whether to cut interest rates.

Wall Street is in full rally mode after July’s inflation data eased fears that tariff-related cost pressures were widespread. The headline Consumer Price Index (CPI) came in below expectations, holding steady at 2.7% year-over-year and fueling speculation of upcoming interest rate cuts.

Prices on goods affected by tariffs saw biggest surges while prices less contingent on foreign imports saw decreases.

US president has pressured Powell to lower interest rates and criticised him for the Federal Reserve’s renovation costs.

The FTSE 100 index closed up 18.10 points, 0.2%, at 9,147.81.

Airline stocks rallied Tuesday after July's inflation report showed ticket prices jumping while gasoline costs — a key industry expense — dropped sharply. This gave carriers a rare double boost.

U.S. inflation in July offered a split verdict for policymakers, with cooling headline prices but hotter core readings, fueling market bets on a September Fed rate cut and prompting President Donald Trump to publicly pressure Jerome Powell once again.