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Fed, inflation

Fed officials see inflation just around the corner — and think consumers will bear the burden, minutes show

Federal Reserve officials believe inflation from new tariffs is just around the corner, and that American consumers are going to pay the costs, minutes of the Fed’s July meeting show.

CNBC on MSN · 20h

Divided Fed worried about tariffs, inflation and the labor market, minutes show

Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed that it was too soon to lower interest rates, minutes released Wednesday showed.

Financial Times · 20h

Federal Reserve minutes highlight split over effects of Trump’s tariffs on inflation

The minutes of the rate-setting Federal Open Market Committee, published on Wednesday, showed that “some [members] noted that it would not be feasible or appropriate to wait for complete clarity on the tariffs’ effects on inflation before adjusting the stance of monetary policy”.

UK inflation rises by more than expected

Reuters on MSN · 1d

UK inflation rises to highest since early 2024 at 3.8%

British inflation hit its highest in 18 months in July when it increased to 3.8% from 3.6%, official data showed on Wednesday, once again leaving the country with the fastest rate of price increases among the world's largest rich economies.

BBC · 8h

UK inflation rises by more than expected to 3.8%, largely driven by air fares

UK inflation rises to 3.8%, the Office for National Statistics says, the highest since January 2024. Chief economist Grant Fitzner says the main driver of inflation was higher air

The Independent on MSN · 1d

Why inflation has risen above expectations – and what it means for you

Ben Plowden, chief executive of lobby group Campaign for Better Transport, said: “Today’s inflation figure could mean a big fare rise for rail passengers next year, especially if the Government decides to go with an above-inflation increase like we saw this year.

UK inflation heat puts Bank of England

Reuters · 1d

UK inflation heat puts Bank of England back in the spotlight

British inflation looks set to hit 4% next month, double the Bank of England's target and a level likely to add to nervousness at the central bank about the risk of price growth getting stuck at a stubbornly high rate.

The Financial Times · 1d

Firm UK inflation in July piles pressure on Bank of England

In July, headline CPI inflation in the UK rose at an annual rate of 3.8 per cent, above market expectations of a 3.7 per cent rise, but in line with BoE expectations Services inflation was also stronger than markets expected although it was boosted by erratic items Not all the news in the UK’s July inflation data was bad.

The Wall Street Journal on MSN · 1d

U.K. Inflation Gains Pace, Likely Keeping Bank of England From Fresh Rate Cuts

Consumer prices were 3.8% higher in July than the same month last year, as annual inflation rose to an 18-month high in the U.K.

3hon MSN

New Yorkers Given Update On $400 Inflation Rebate Checks

Governor Kathy Hochul has said New Yorkers will receive inflation rebate checks of up to $400 this fall despite proposed ...

12h

Wages aren't keeping up with inflation, with some jobs falling further behind than others

Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many ...

22h

The US housing market's historic slump could send inflation plummeting in the coming year

The economy could soon see a big drop in shelter prices that slashes the current inflation rate by more than half, Rosenberg ...

FingerLakes1.com1d

NY Inflation Refund Checks: When to Expect Your Payment

New York is sending inflation refund checks of up to $400 starting in mid-October. See if you're eligible and how much you ...

17hon MSN

4 reasons why the Trump tariffs haven't caused U.S. inflation to soar

For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's ...

Fed Warns Inflation Getting WORSE - Which Products Will Cost You More?

The Federal Reserve's latest meeting minutes reveal economists are increasingly worried that inflation could be getting worse, raising concerns for consumers nationwide. Scripps News National ...

12hon MSN

Inflation Is Ticking Upwards. Should Opendoor Investors Be Worried?

Opendoor Technologies has a challenging business model and, on top of that, has executed it poorly. Higher inflation may keep ...

UK Inflation Accelerated to 18-Month High in July

UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...

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