UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut
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Business - MarketWatch
Treasury yields slip on ‘path of least resistance’ as oil price falls further and U.K. inflation dives
U.S. government debt rallied slightly Wednesday morning, pushing yields lower, as crude futures slipped and the U.K.’s annual CPI inflation rate dropped below the Bank of England’s 2% target for ...22 minutes ago -
Top stories - BBC News
Surprise fall in inflation to 1.7% paves way for interest rate cuts
September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.57 minutes ago -
Top stories - BBC News
Benefits, interest rates and pensions - how September's inflation figure affects you
The cost of living is always important but this month's has a particular extra impact for millions of people.1 hour ago -
Business - CNBC
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.2 hours ago - Mortgage -
Business - MarketWatch
Mortgage demand plunges as 30-year rate surges
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.3 hours ago - Mortgage -
Business - Financial Times
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this year4 hours ago - United Kingdom -
Business - CNBC
UK inflation falls sharply to 1.7%, below Bank of England's target for first time in over three years
Economists polled by Reuters expected the headline rate to come in at 1.9% in its first dip below the Bank of England's 2% target since April 2021.4 hours ago - United Kingdom -
World - The Guardian
UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves
Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...5 hours ago - United Kingdom -
World - ABC News
UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy ...5 hours ago - United Kingdom -
Business - MarketWatch
British pound and bond yields dive as U.K. inflation hits lowest in more than three years
Traders boost rate cut bets after U.K. inflation dives below 2%5 hours ago -
World - The Guardian
Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live
UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...6 hours ago - United Kingdom -
World - Financial Times
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you8 hours ago -
Business - Inc.
Retailers Can Expect Another Record-Breaking Holiday Season
The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.18 hours ago -
Business - The New York Times
Holiday Sales Growth Expected to Normalize to Prepandemic Levels
Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.19 hours ago -
Business - The New York Times
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”19 hours ago - Federal Reserve -
Business - MarketWatch
Fed’s Daly open to skipping rate cut at one of two remaining meetings this year
San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy meetings this year.21 hours ago -
Top stories - CBS News
Walgreens to close 1,200 stores over next 3 years
Struggling pharmacy chain attempts turnaround amid low drug reimbursement rates and slower consumer spending.Yesterday -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...Yesterday -
Business - CNBC
How a rare type of mortgage is landing homebuyers a 3% rate
U.S. homebuyers are looking into mortgage assumption as a way to secure a sub-3% mortgage rate.Yesterday -
Top stories - BBC News
Interest rate cut hopes raised as wage growth slows
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.Yesterday -
World - Financial Times
Euro falls to 2-month low as investors price in interest rate cuts
Single currency has dropped more than 2% against dollar so far this monthYesterday -
Business - Financial Times
UK wage growth falls to 4.9%
Data for three months to August adds to evidence that pay pressures are easingYesterday - United Kingdom -
World - Financial Times
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcomeYesterday -
Business - MarketWatch
Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation
A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...Yesterday - Federal Reserve -
Business - MarketWatch
Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market
Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...Yesterday -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyYesterday - United Kingdom -
Politics - The Hill
Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll
Economists expect higher inflation, national deficits and interest rates under former President Trump’s proposed agenda than under policies proposed by Vice President Harris, a new survey by The ...Yesterday - Donald Trump -
Business - CNBC
European Central Bank set for third interest rate cut of the year in meeting this week
Markets are eyeing two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.2 days ago -
World - Financial Times
UK farmers forced to cut food production to stay viable, warns NFU
Terrible harvest and falling subsidies force businesses to embrace greener alternatives, says Tom Bradshaw2 days ago - United Kingdom