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The Latest Breaking News from Inflation

Strong Job Growth and Stable Economy Expected for 2024

Learn about the surprising strength of the US job market in 2023, with job growth exceeding expectations and inflation cooling, setting the stage for a pot...

Top News

Londoners face inflation-busting 6% hike in water bills

Industry group Water UK says higher bills will mean more investment

Evening Standard

IMF Says Central Banks Should Not Rush Into Rate Cuts

The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too late, Managing Director Kristalina Georgieva said Thursday.

International Business Times

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Bank of Canada Concerned Federal Budget May Hinder Inflation Fight

The Bank of Canada warns that the federal budget in Canada may pose challenges to the fight against inflation, highlighting potential issues and risks.

Top News

Bank Of England Freezes Rate As Inflation Stays High

The Bank of England froze its key interest rate Thursday for a fourth meeting in a row, matching US Federal Reserve policy, as high inflation prevents cuts to borrowing costs.

International Business Times

Inflation in Europe Eases, Boosting Speculation of Rate Cuts

Inflation in Europe eases to 2.8% in January, fueling speculation of interest rate cuts. The decline offers hope for a stagnant economy.

Top News

Inflation to fall to 2% target within months, Bank of England says, but will rise again

GDP, meanwhile, is now expected to stagnate in the first quarter of this year, but will pick a little up with 0.5% growth in 2025

Evening Standard

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UK interest rates have peaked, the next move is down … but not yet

Bank of England’s rate-setting panel is split three ways – to hike, cut or hold –but analysts are now pencilling in a cut for late spring

The Guardian - UK

Federal Reserve likely to delay rate cuts, seeking more certainty

Learn about the Federal Reserve's decision to hold interest rates at a high for the fourth time and their evaluation of inflation targeting and rate cuts i...

Top News

Bank of England leaves interest rates on hold at 5.25%

City forecasters do not expect the first cut in the cost of borrowing until May or June

Evening Standard

Bank of England sticks with 5.25% interest rate but hints at coming cut

Inflation forecast to temporarily fall below 2% in May as policymakers’ vote on base rate splits three ways

The Guardian - UK

Eurozone Inflation Slows To 2.8% In January

Eurozone inflation fell in January due to a slowdown in food price increases, official data showed Thursday, but the drop was more modest than expected by analysts.

International Business Times

Bank of England governor says ‘things are moving in the right direction’ after leaving interest rates on hold – as it happened

BoE policymakers were split three ways over interest rate decision, as Andrew Bailey says Bank needs to be more confident that inflation will fall and stay low

The Guardian - UK

Union Budget | Proactive inflation management helps keep inflation within manageable level: Sitharaman

Inflation Management - Budget 2024: Finance Minister Nirmala Sitharaman highlights proactive inflation management in India, keeping inflation within manageable range.

The Hindu

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The Guardian - UK

Bank of England expected to hold rates and warn on inflation

Wage growth fears likely to make Bank policymakers wait before cutting interest rates from 5.25%

International Business Times

Most Asian Markets Retreat As Fed Crushes March Rate Cut Hope

Most Asian equities fell Thursday, tracking a sell-off on Wall Street after the Federal Reserve poured cold water on hopes for a March interest rate cut.

The Guardian - AU

Australian inflation is under control – now it’s time to worry about the economic health of households

We might be safe from further interest rate rises but most Australians are still doing it tough and keeping their purses closed

Top News

Inflation spikes hit fast food prices, alarming Americans

Discover the reasons behind the rising prices at fast food chains like Taco Bell and McDonald's, and how it affects consumers' everyday lives.

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Kiplinger

Fed Holds Rates Steady, Pushes Back on Cuts: What the Experts Are Saying

The Fed is in no hurry to bring interest rates down from a 23-year high.

Kiplinger

Stock Market Today: Stocks Slump After Alphabet Earnings, Fed Meeting

The main indexes closed lower Wednesday after Alphabet's earnings-related selloff and the Fed's hawkish outlook toward rate cuts.

Kiplinger

Fed Maintains Rates, Keeps Sights Set On 2% Inflation Target

The Fed says the economic outlook is uncertain and that it remains highly attentive to inflation risks.

Latin Times

Fed Keeps Interest Rates Steady in January and Warns no Cuts Until its More Confident on Inflation

Rates stayed unchanged for the fourth meeting in a row. The Central Bank signaled openness to cutting if price increases keep cooling

Top News

Federal Reserve holds rates steady, pushes back on rate cut expectations

Discover the latest decision by the Federal Reserve on interest rates. Gain insights into their stance on rate cuts and the current state of the economy. S...

WEKU

The Federal Reserve holds interest rates steady but signals rate cuts may be coming

The Federal Reserve held interest rates steady on Wednesday, but indicated that rates could fall in the coming months if inflation continues to cool.

The Guardian - US

Federal Reserve continues to hold interest rates at 23-year high

Central bank said it was not appropriate to cut rates until it has ‘greater confidence that inflation is moving sustainably toward 2%’

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