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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 · 19h

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 · 19h

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.

Air fares and food prices push up inflation

BBC · 8h

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

The cost of food and non-alcoholic beverages rose 4.9% in the year to July, up from 4.5% in the year to June. It was the fourth month in a row in which food and drink inflation had risen, bringing prices to their highest since February 2024.

Associated Press News on MSN · 1d

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 tempered market expectations that the Bank of England will cut interest rates again this year.

Reuters · 19h

South Africa's inflation pushed to 10-month high by food and fuel prices

South Africa's consumer price inflation rose to 3.5% year-on-year in July, driven to its highest level since September 2024 by higher food and fuel prices though still within the central bank's target range.

UK inflation comes in at 3.8%, hitting 18-month peaks

U.S. News Money · 7d

Wholesale Inflation Spikes in July as Tariffs Hit the Economy

The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.

Cryptopolitan on MSN · 1d

UK inflation comes in at 3.8%, hitting 18-month peaks in July

The UK’s July inflation print came in at 3.8%, the highest rate in 18 months, pushing back expectations of any rate relief from the Bank of England in the coming months. July’s gains now surpass June’s 3.

Asharq Alawsat (English) on MSN · 1d

UK Inflation Rises to 3.8% in July

London: British consumer price inflation increased to 3.8% in July from 3.6% in June, official data showed on Wednesday.The Bank of England had forecast headline inflation would rise to 3.8% while economists polled by Reuters had mostly expected a rate of 3.

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.

4hon 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.

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 ...

6don MSN

Japan's July inflation rate likely eased but remained above BOJ target: Reuters poll

Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...

6don MSN

Producer prices surged more than expected in July, spurring inflation concerns

The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...

2don MSN

Consumer inflation dropped in July to 1.7%, says StatsCan

Consumer inflation in Canada rose by less than expected in July, according to Statistics Canada, as falling gasoline prices ...

Canada CPI expected to tick higher on monthly basis in July amid uncertainty from US tariff impact

Statistics Canada will issue the Consumer Price Index (CPI) for July on Tuesday. This will attract the market's attention ...

Statistics Canada to release July inflation report this morning

OTTAWA — Statistics Canada is set to release its consumer price index report for July this morning. A poll of economists ...

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