Latest in UK inflation hits eight month high of 2.6%, fuelling calls to hold interest rates
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UK inflation rise - what does it mean for me?
Inflation has hit its highest level for eight months, will prices continue to rise at a faster rate?BBC News - 14m -
UK inflation increase solidifies expectations interest rates will be kept on hold
Inflation in the U.K. has risen to its highest level since MarchABC News - 4h -
UK inflation rises to 2.6% in November
Figure cements expectations Bank of England will hold interest rates steady on ThursdayFinancial Times - 5h -
UK inflation rises to 2.6% in November, in line with expectations
UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.CNBC - 6h -
UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates
Annual increase in November driven by rising cost of petrol and groceries and hike in tobacco duty in budget. UK inflation data leaves Starmer miles off goal of growth ‘felt in people’s ...The Guardian - 6h -
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 youFinancial Times - 6h -
An Alabama woman is recovering well after a pig kidney transplant last month that freed her from eight years of dialysis
An Alabama woman is recovering well after a pig kidney transplant last month that freed her from eight years of dialysisABC News - 1d -
Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 1d -
UK inflation rate hits highest level for eight months
Economists say the faster pace of price rises all but rules out an interest rate cut on Thursday.BBC News - 2h -
Inflation Hangs Around, Slowing Rate Cut Pace
The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.Inc. - 1d -
ECB’s Lagarde says ‘darkest days’ of high inflation are behind Eurozone
Central bank president signals borrowing costs are likely to fall further next yearFinancial Times - 2d -
Bank of Japan expected to keep rates on hold this week — CNBC survey
The central bank is expected to keep interest rates on hold this week, awaiting clarity on domestic trends and U.S. policy under Trump, a CNBC survey finds.CNBC - 2d -
Economists trim Fed rate cut estimates on fear of Trump inflation surge
Deregulation, tax cuts and tariffs stoke probability of stubbornly high price growth, FT-Chicago Booth poll findsFinancial Times - 2d -
Eight injured, one critically, after doubledecker bus hits bridge in Glasgow
First Bus vehicle struck a railway bridge in Cook Street on the outskirts of the city at about 6pm on Saturday. Eight people have been injured, including one who is in a critical condition, after a ...The Guardian - 3d -
UK economy shrinks unexpectedly for second month in a row
The economy had been expected to return to growth but it contracted by 0.1%.BBC News - 5d -
CNBC Daily Open: Inflation’s still high — but so is the stock market
It’s important to keep stocks’ performance this year in mind even as investors wonder what it’ll take to get inflation numbers lower.CNBC - 5d -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - 5d -
Eight-month-old baby airlifted to hospital after dog attack
A woman, 76, and a man, 18, have been arrested in connection with the attack near Folkestone.BBC News - 5d -
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.MarketWatch - 5d -
What to know after inflation rises for a second straight month
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what to know about the prices of products after the Consumer Price Index report for November showed inflation went up for ...CBS News - 5d -
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.MarketWatch - 6d -
Inflation Rose in November, But Not Enough to Stop Another Rate Cut
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.Inc. - 6d -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - 6d -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - Dec. 11 -
Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - Dec. 10 -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - Dec. 9 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
Average house price hits record high of £298,083
The UK's largest mortgage lender said the average house price hit £298,083 last month.BBC News - Dec. 6 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.NBC News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2