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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 · 4h

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 · 3h

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

BBC · 4h

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

This increase was mainly driven by soaring air fares - which jumped by 30.2% - driven by higher school holiday prices - here's why. Meanwhile, food price inflation rose to 4.9% driven by higher prices for goods including beef, instant coffee and orange juice.

The Independent on MSN · 10h

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.

Yahoo · 15h

UK inflation rises to 3.8% in July as rail passengers face crippling fares rise next year

UK inflation rose to 3.8% in July, higher than analysts had expected, it has been revealed. The Office for National Statistics (ONS) confirmed the Consumer Prices Index (CPI) had risen from 3.6% in June.

UK inflation heat puts Bank of England

The Wall Street Journal on MSN · 15h

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.

The Financial Times · 14h

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.

Reuters · 9h

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.

10h

Future Rate Cuts In Question As Inflation Hits 3.8% In July

Food Prices Up 4.9% To Highest Level Since February Prices rose 3.8% in the year to July, up from 3.6% the previous month, ...

2hon MSN

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.com10h

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 ...

10hon MSN

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 ...

12hon 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, official figures showed Wednesday, which has ...

Dow ends with small gain, S&P 500 falls for 4th straight session as Fed frets over inflation

Stocks finished mixed on Wednesday, with the Dow Jones Industrial Average securing a back-to-back gain and the S&P 500 ...

4hon MSN

Mexico's inflation seen picking up in first half of August: Reuters poll

Mexico's headline inflation likely rebounded in the first half of August underpinning prospects that the central bank would ...

16h

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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