Higher energy bills push UK inflation to 6 month high in October

Higher energy bills push UK inflation to 6-month high in October

Inflation in the U.K. has risen sharply to a six-month high in October

World - ABC News - 3 hours ago

Rising energy bills push inflation to highest for six months

Energy bills will become the focus of many households with low temperatures and snow hitting parts of the UK.

What to know about the inflation report.

A fresh Consumer Price Index report could show that inflation, much cooler than in 2022 and 2023, is not fully stamped out.

Top stories - The New York Times - 6 days ago

UK inflation accelerates sharply to 2.3% in October

Increase from 1.7% prompts traders to further reduce bets that Bank of England will cut rates next month

Business - Financial Times - 4 hours ago

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.

Business - CNBC - October 31

What Trump's return to the White House could mean for global bond yields

It is thought that Trump's pledge to introduce tax cuts and steep tariffs could boost economic growth — but widen the fiscal deficit and refuel inflation.

Business - CNBC - 5 hours ago

UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations

The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.

Business - CNBC - 2 hours ago

UK house prices hit record high in October, says Halifax

Typical property now costs £293,999, surpassing previous peak set in June 2022

World - Financial Times - November 7

U.S. inflation rose 2.6% in October, a month after Fed's first rate cut

The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.

Dollar hits six-month high as Trump tariff talk fuels inflation fears

US Treasury yields rise as traders scale back expectations for interest rate cuts

Business - Financial Times - November 12

10-, 30-year Treasury yields end at 4-month highs as investors weigh inflation risks

Yields on U.S. government debt finished mixed on Wednesday as traders weighed rising expectations for a quarter-point rate cut by the Federal Reserve in December against the potentially ...

Business - MarketWatch - 6 days ago

Consumer sentiment hits 6-month high as Republicans grow confident in Trump win

Growing confidence among Republicans in a victory for Donald Trump helped push a survey of consumer sentiment to a six-month high less than two weeks before the U.S. presidential election.

Business - MarketWatch - October 25

Eurozone inflation rises to 2% in October

Annual figure is slightly above expectations and matched the ECB’s target

Business - Financial Times - October 31

October was one of the driest months in history

The month of October proved to be one of the driest months in American history with various states reporting no rain for 31 days. Cities including New York, Houston, Dallas, Philadelphia and San ...

Politics - The Hill - October 31

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - October 25

Why Georgia’s EU future is on the ballot in historic parliament vote

Also in this newsletter: Russian migrant-smuggling ring busted

World - Financial Times - October 25

Inflation ticks up slightly in October, report shows

A new report shows a slight increase in inflation for the month of October, up to 2.6% compared to 2.4% in September. NBC’s Christine Romans reports for TODAY on what it signals about the economy.

Here's the inflation breakdown for October 2024 — in one chart

Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car insurance, are trouble spots.

Business - CNBC - 6 days ago

Jobless rate ticks higher in October for white Americans, bucking the broader trend

The unemployment rate for white workers crept higher in October, running counter to the overall trend.

Business - CNBC - November 1

High energy prices predicted to be 'the new normal'

The energy price cap is predicted to edge up by 1% from January, according to analysis by Cornwall Insight.

New inflation data shows increase, days after election

Inflation accelerated in October, snapping a streak of six consecutive months of cooling inflation.

Annual inflation rate hit 2.6% in October, meeting expectations

The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.

Business - CNBC - 6 days ago

Inflation rises 2.6% in October after Fed starts interest rate cuts

U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...

Inflation Rose Slightly in October, But Two-Year Downward Trend Remains

Higher prices on rent, used cars and air fares contributed to a statistical bump in the Labor Department’s measures of inflation, which most affect consumers.

Business - Inc. - 6 days ago

U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

Business - The New York Times - 6 days ago

Will UK inflation climb back above the BoE’s target?

Market Questions is the FT’s guide to the week ahead

World - Financial Times - 3 days ago

Will heating bills be higher this winter? It depends on where you live

Last year's winter was the warmest on record, which helped keep energy costs low. Long-range forecasts indicate the winter of 2024-2025 is expected to be colder, especially in northern states and ...

Politics - The Hill - 2 days ago

Pending home sales took an unexpected leap higher last month, but rates have climbed back up

The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.

Business - CNBC - October 30

Import prices post biggest increase in six months and add to U.S. inflation

The cost of imported goods snapped back in October and added a bit more upward pressure to U.S. inflation, largely because of higher fuel costs.

Business - MarketWatch - 4 days ago

Japan's rising minimum wage likely to push up inflation, BOJ says

World - Yahoo News - November 1

U.S. consumer confidence surges in October to highest level in nine months

The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.

Business - MarketWatch - October 29

A key manufacturing index in China turned positive in October after months of contraction

A closely watched survey on manufacturing in China has edged into positive territory

World - ABC News - October 31

Chicago business-activity index drops to five-month low in October

Index falls to 41.6, falling short of 46.8 consensus forecast.

Business - MarketWatch - October 31

GOP senator: Trump energy helped push Steelers to victory over Jets

Wyoming Sen. John Barrasso (R), who attended Sunday night's Steelers' game alongside former President Trump, said the energy the presidential candidate brought to the stadium helped fuel ...

Politics - The Hill - October 21

Tycoon Drives India's Push Against China's Solar-Energy Dominance

Gautam Adani, the founder of one of India’s biggest business conglomerates, lies at the intersection of the country’s clean energy challenge to China.

World - The Wall Street Journal - November 8

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