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Fed, inflation

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged.

The Wall Street Journal · 18h

Fed Officials Were Divided in July Over Timing of Tariffs’ Effects on Inflation

The written account of the Federal Reserve's July meeting, released on Wednesday with a customary three-week lag, suggested officials were divided over when they could be confident that higher import costs wouldn’t lead to a period of broader,

U.S. News Money · 17h

Fed Divided in July on Inflation, Tariffs and Jobs

Minutes of the Federal Reserve’s July meeting show widespread concern over the slowing economy and the impacts of import tariffs.

UK Core Inflation Surges Beyond Expectations

CNBC on MSN · 1d

UK inflation picks up to hotter-than-expected 3.8% in July

The U.K.'s annual inflation rate hit a hotter-than-expected 3.8%in July, according to data released by the Office for National Statistics (ONS) on Wednesday.

Bloomberg · 1d

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 interest-rate cuts.

TipRanks on MSN · 5h

UK Core Inflation Surges Beyond Expectations in July

The UK’s Core Inflation Rate YoY for July increased to 3.8%, up from the previous 3.7%. This marks a 0.1 percentage point rise, indicating a

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.

2hon 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 ...

Key Inflation Gauge Sped Up in July as Companies Grappled With Tariffs

July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.

6don MSN

Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes

The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.

1don MSN

Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes

Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market ...

20hon MSN

Air fares and food prices push up inflation to 3.8% in July

Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air fares and food. That means ...

1don MSN

Canada's annual inflation rate eases to 1.7% in July boosting some hopes of rate cut

Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept ...

The Canadian Press on MSN1d

Economists split on BoC's next rate move after July inflation data

Economists say they found some encouraging signs in the latest inflation numbers but some warn the Bank of Canada might need ...

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