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Inflation Rate Hits Lowest Point in 3 Years

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  • Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty

    Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty

    Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short term.
    The New York Times - 1d

  • How sticky inflation and Fed rate cuts impact Americans' wallets

    2024 was a departure from the high inflation numbers of just two years ago, but the fight against rising prices is not over. CBS News MoneyWatch correspondent Kelly O'Grady looks back on the ...
    CBS News - 1d
  • Fed cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumping

    Fed cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumping

    US currency hits strongest level in two years after central bank signals only half a percentage point of reductions in 2025
    Financial Times - 2d
  • The Fed Cut Rates and Signaled a Long Fight Against Inflation

    The Fed Cut Rates and Signaled a Long Fight Against Inflation

    Also, California declared an emergency over bird flu. Here’s the latest at the end of Wednesday.
    The New York Times - 2d

  • Fed lowers rates by 0.25 percentage point, but expects fewer cuts

    The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
    CBS News - 2d
  • Dow loses 1100 points after Fed projects fewer rate cuts

    Dow loses 1100 points after Fed projects fewer rate cuts

    The stock market closed with steep losses Wednesday after the Federal Reserve cut interest rates but projected higher borrowing costs and steeper inflation for 2025. The Dow Jones Industrial ...
    The Hill - 2d
  • Mazzulla has interesting response to criticisms of NBA's 3-point rise

    Mazzulla has interesting response to criticisms of NBA's 3-point rise

    NBA teams are shooting more 3-pointers. Is that bad for the on-court product? Celtics head coach Joe Mazzulla gave an interesting response.
    Yahoo Sports - 2d
  • Biden slips to lowest approval rating since taking office: Survey

    Biden slips to lowest approval rating since taking office: Survey

    President Biden’s approval rating slipped to the lowest its been since he took office in 2021, according to a new survey that was released Wednesday. The Marquette Law School Poll national survey ...
    The Hill - 2d

  • 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 you
    Financial Times - 2d
  • Fed cuts interest rates by quarter point despite firmer inflation

    Fed cuts interest rates by quarter point despite firmer inflation

    The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday, in line with market expectations, even as inflation has reaccelerated over the past two months. Fed officials ...
    The Hill - 2d

  • Silver: NBA looking into 3-point volume critiques

    Adam Silver said the NBA is studying the trend of more 3-point attempts and that it is taking criticisms of offenses being too similar seriously.
    ESPN - 2d
  • The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction

    The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction

    Inflation just hit a five-month high in November and asset prices are smashing records.
    Inc. - 3d
  • UK inflation rate hits highest level for eight months

    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 - 3d
  • UK inflation increase solidifies expectations interest rates will be kept on hold

    UK inflation increase solidifies expectations interest rates will be kept on hold

    Inflation in the U.K. has risen to its highest level since March
    ABC News - 3d
  • UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates

    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 - 3d
  • Inflation Hangs Around, Slowing Rate Cut Pace

    Inflation Hangs Around, Slowing Rate Cut Pace

    The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.
    Inc. - 4d
  • Economists trim Fed rate cut estimates on fear of Trump inflation surge

    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 finds
    Financial Times - 5d
  • Economic Data Points to Fed Rate Cut Next Week, and a Cautious 2025

    Economic Data Points to Fed Rate Cut Next Week, and a Cautious 2025

    Persistent inflation probably won’t stop a December rate cut, but it could affect the course of monetary policy for the next two years.
    Inc. - Dec. 13

  • 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 - Dec. 12
  • Inflation Rose in November, But Not Enough to Stop Another Rate Cut

    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. - Dec. 11
  • Hield eyeing Klay's, not Steph's, NBA 3-point record

    Hield eyeing Klay's, not Steph's, NBA 3-point record

    Golden State Warriors guard Buddy Hield has his sights set on a Klay Thompson 3-point record, not a Steph Curry one.
    Yahoo Sports - Dec. 11

  • 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 - Dec. 11
  • Inflation ticks higher as Fed eyes another rate cut

    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

    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

  • The CPI report Wednesday is expected to show that progress on inflation has hit a wall

    The consumer price index is expected to show a 2.7% 12-month inflation rate for November.
    CNBC - Dec. 10
  • Celtics on pace to set multiple NBA 3-point shooting records

    Celtics on pace to set multiple NBA 3-point shooting records

    The Boston Celtics put on their own 3-point shootout almost every game, and it’s been an enormously successful strategy for them. It helped the Celtics win the 2024 NBA Finals last season, and this ...
    Yahoo Sports - Dec. 10
  • Argentina monthly inflation seen under 3% in November, but sticky

    Argentina monthly inflation seen under 3% in November, but sticky

    Yahoo News - Dec. 10
  • Hot Inflation Won’t Derail the Stock Market’s Record Year

    Hot Inflation Won’t Derail the Stock Market’s Record Year

    November CPI is seen rebounding to its highest level since July but the Fed is still seen cutting rates this month.
    Inc. - Dec. 9

  • UK business confidence falls to lowest level in almost two years after Labour budget

    British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government's bumper tax-raising budget, new data showed Monday.
    CNBC - Dec. 9

  • Arsenal ratings: Lackluster Gunners drop points

    Their set-piece prowess saved a point at Fulham, but Arsenal could only move one point closer to Liverpool.
    ESPN - Dec. 8
  • Young hits 3-point in overtime to give Hawks 6 straight wins, 134-132 over Lakers

    Young hits 3-point in overtime to give Hawks 6 straight wins, 134-132 over Lakers

    Trae Young hit a 3-pointer with 7.4 seconds left in overtime and the Atlanta Hawks held on for their sixth straight win, beating the slumping Los Angeles Lakers 134-132
    ABC News - Dec. 6
  • Unemployment rate jumps more than a percentage point for Black women in November

    Unemployment rate jumps more than a percentage point for Black women in November

    The unemployment rate climbed sharply for Black women in November.
    NBC News - Dec. 7

  • Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations

    Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...
    MarketWatch - Dec. 6

  • Oil prices end at their lowest in 3 weeks after OPEC+ fails to allay supply worries

    Oil futures settled lower on Friday to tally losses for the week, a day after a decision by the Organization of the Petroleum Exporting Countries and its allies to further postpone a planned ...
    MarketWatch - Dec. 6

  • Unemployment rate jumps more than a percentage point for Black women in November

    The unemployment rate jumped significantly for Black women in November.
    CNBC - Dec. 6
  • Celtics withstand 3-point spree to beat the Pistons 130-120

    Celtics withstand 3-point spree to beat the Pistons 130-120

    Jaylen Brown had 28 points with nine assists and Kristaps Porzingis added 26 points and nine rebounds to lead the Boston Celtics to their ninth victory in 10 games, a 130-120 victory over the ...
    ABC News - Dec. 4

  • 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

    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

  • 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

    BoE governor expects four UK rate cuts next year as inflation eases

    Andrew Bailey welcomes better than expected fall in price growth in FT interview
    Financial Times - Dec. 4
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