inflation news - Search News

Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.

Opinion

The Atlantic on MSN · 2h

The Fed Says Inflation Is Over

By finally beginning to cut interest rates, the central bank is sending a strong message about the economy. Will voters hear it?

Macon Telegraph on MSN · 1h

Fed cuts key interest rate half a point as inflation eases. Will borrowers get a break?

“Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further progress toward the Committee’s 2 percent objective but remains somewhat elevated,” the Fed said in its statement Wednesday.

Canada, inflation

Bloomberg L.P. · 2h

Bank of Canada Officials Are Split on Balance of Inflation Risks

Some Bank of Canada officials are increasingly worried about downside risks to inflation as they decide how to set interest rates, while others see them as more balanced.

Reuters on MSN · 2h

Bank of Canada members split on inflation outlook, minutes show

The Bank of Canada's governing council was split on the outlook for inflation ahead of its Sept 4 decision to cut rates for the third time in a row, minutes published on Wednesday showed. The BoC said

Wall Street Journal · 20h

Bank of Canada Welcomes 2% Inflation, Pivoting Focus to Growth

The Bank of Canada’s No. 2 official says inflation returning to 2% in August is welcome news for policymakers, who are now increasingly focused on downside risks and spurring economic growth.

Inflation, BoE

Reuters on MSN · 13h

UK inflation holds at 2.2% in August as BoE considers rates

LONDON (Reuters) -British inflation stood at an annual rate of 2.2% in August, unchanged from July, but price growth in the services sector - closely watched by the Bank of England - picked up, official figures showed on Wednesday.

The Financial Times · 12h

August inflation data takes BoE September rate cut off the table

In August, the key measures of annual underlying inflation rebounded, while headline inflation was flat. Both headline and services inflation still undershot the BoE’s most recent forecasts, so the release does not undermine the bank’s strategy of implementing further cuts later this year.

BBC on MSN · 14h

Inflation rate holds steady in August at 2.2%

Inflation has held steady at 2.2% in the year to August, according to official figures. The latest figure means inflation remains slightly above the Bank of England’s target of 2%. This breaking news story is being updated and more details will be published shortly.

7hOpinion

Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.

Paul Krugman: I’m Paul Krugman. I’m an opinion writer for The New York Times, also a professor at the City University of New ...

CBS News3h

Trump and Harris' views on inflation, according to their records and what they've said

Inflation is consistently a top issue ahead of the 2024 presidential election — in CBS News' polling in mid-August, 76% ...

22h

How inflation is impacting America

Inflation has emerged as a potent political issue. Here's a deeper look at where things stand, the questions Americans have, ...

2don MSN

Wages, adjusted for inflation, are falling for new hires in sign of slowing job market

Pay for newly hired workers is dropping after adjusting for inflation. As the Fed weighs rate cuts this week, it's a sign of ...

I’m a Finance Expert: Here’s How Long It Will Take To Recover From Inflation If Trump Wins

Sara Routhier, finance expert with FreeAdvice.com, sees a slow road ahead. “If Trump wins, it will most likely take two to ...

The New Yorker2d

How Inflation Fooled Almost Everybody

With the Fed poised to cut rates for the first time in years, what have we learned about the economic disruptions of the ...

12h

South African Inflation Dips Below Target on Eve of Rates Call

South Africa’s annual inflation rate fell below the midpoint of the central bank’s target range for the first time in more ...

Confused by inflation? This is how it's calculated

Few people know how to calculate the inflation rate. And while you don’t need to calculate it yourself, it does help to know ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results

Related topics