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Most Officials Worried About Inflation Moving Higher

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 · 1d

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

Fed officials worried at their July meeting about the state of the labor market and inflation, though most agreed it was too soon to cut rates, minutes showed.

U.S. News & World Report · 1d

Fed Minutes: Most Officials Worried About Inflation Moving Higher

Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged

UK inflation rises by more than expected

BBC · 17h

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

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.

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.

12hon 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 ...

21h

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 ...

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 ...

15h

Rates Spark: Inflation Blinkers On

Fed minutes from the July 30 meeting don't in general sound like they are setting us up for a rate cut. Market yields were up ...

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 ...

29m

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 ...

1don MSN

Taylor Swift’s impact has shown up in economic data before. Now it’s Oasis getting blame for hot U.K. inflation.

Oasis lookalikes of Liam and Noel Gallagher. The Manchester band was blamed for hotter-than-forecast inflation in the U.K. in ...

Cryptopolitan on MSN1h

Reserve Bank of India is consulting the public on whether to maintain the current 4% inflation target

India’s central bank said on Thursday that the existing inflation-targeting regime has broadly delivered for the economy and ...

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