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...

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

For a second month running inflation has fallen short of the Bank of England’s expectations. After beginning the process of cutting interest rates last...

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

The UK’s annual inflation rate rose by 2.2% in August, matching the increase in July, as lower petrol prices at the pump were offset...

UK state pension could rise by about £460 a year from April, wage growth figures suggest

The UK state pension could rise by about £460 a year from April 2025, the latest wage growth figures suggest.Average earnings including bonuses in...

US economy adds 142,000 jobs in August as Fed plans to cut interest rates

US employers added 142,000 jobs last month, the labor department announced on Friday, in one of the year’s most closely watched economic news releases. The...

Trump would make the US economy weaker, less competitive and less equal | Joseph Stiglitz

The US presidential election in November is critical for many reasons. At stake is not only the survival of American democracy, but also sound...

UK shop prices fall year on year for first time since cost of living crisis began

UK shop prices have dropped for the first time since the cost of living crisis began nearly three years ago, as food inflation eased...