Inflation

US Labor Market Fuels Inflation – SF Fed Economists

According to a recent Federal Reserve report, San Francisco Fed economists have highlighted the crucial role of the US labor market in boosting inflation. Despite a reduction...

UK mortgage rates creep up as brokers warn of possible ‘further pain’

The average cost of a new fixed-rate mortgage is continuing to creep up, data shows, as brokers warn...

Are you worried about inflation? Then fear Trump, not Rachel Reeves | William Keegan

Having been fairly critical of my (almost) friend Rachel Reeves’s approach to her first budget, I wish to...

Sainsbury’s boosted by return to the office but warns of price rises

Food sales at Sainsbury’s have been boosted by a return to the office and fewer people dining out...

City analysts overwhelmingly predict Bank of England interest rate cut

The Bank of England policymakers are widely expected to cut borrowing costs for businesses and homeowners by reducing...

Stock markets hit record highs after news of a fall in US inflation

A fall in US inflation expected to pave the way for further cuts in interest rates pushed stock markets to record highs on Friday.Ending...

For the Media, the Facts Don’t Matter on Harris’ ‘Price Control’ Proposal

Debates over whether Democratic presidential candidate Kamala Harris’s economic proposals constitute Communist price controls or merely technocratic consumer protections are obscuring a more insidious...

Why is the Bank of England being cautious in delaying rate cuts?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that the Bank of England should...

Interest rates ‘on path down’ despite hold at 5%, Bank of England chief says

The governor of the Bank of England has signalled readiness to resume interest rate cuts despite keeping borrowing costs unchanged on Thursday at 5%,...

Why is the Bank being cautious in delaying rate cuts?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that the Bank of England should...

Why didn’t the Bank of England cut interest rates?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that the Bank of England should...