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It's back to reality for cash-strapped consumers as pandemic stimulus payments dry up
USA TODAY via Yahoo Finance· 8 minutes ago“The extra money saved from lower mortgage costs will likely offset the decline in excess savings,” he predicted. However, other economists have cited rising rents and mortgage ...
Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall
ABC News· 3 hours agoOfficial figures on Wednesday showed that inflation, as measured by the consumer prices index, fell...
Consumer Sentiment Tumbles In June, Reaches 7-Month Low: 'High Prices As Well As Weakening Incomes'...
Benzinga via AOL· 6 days agoThe survey also showed that inflation expectations remain largely unchanged, suggesting that the...
German Producer Prices Fall At Slower Rate
RTT News· 2 hours agoGermany's producer prices continued to fall in May, though at the weakest pace in the current sequence of decreases, which began in July last year, data from Destatis revealed on Thursday. Producer ...
Car price inflation: a change in automotive fortunes is coming
Motor Finance via Yahoo Finance· 2 days ago“If something cannot go on forever, it will stop,” is the comment attributed to 1980s economist...
SNB Cuts Rate Again to Aid Economy and Stem Gains in Franc
Bloomberg via Yahoo Finance· 45 minutes ago(Bloomberg) -- The Swiss National Bank lowered borrowing costs at a second straight meeting, keeping...
PM says ‘we’ve got there’ as inflation hits target, but summer rate cut in doubt
PA Media: Money via Yahoo Finance· 2 hours agoIt is one of the factors that has been partly responsible for staying the Bank’s hand in bringing...
Comparing Trump's and Biden's economic plans, from immigration to taxes
USA TODAY via Yahoo Finance· 16 minutes agoThe inflation impact from the tax changes would be higher under Trump in 2025 and 2026 but modestly...
UK interest rates: Bank of England set to hold rates despite inflation hitting 2%
The Independent via Yahoo News· 11 hours agoMost economists are expecting policymakers to hold UK interest rates at 5.25 per cent when the...
Consumers tapping out amid sticky inflation and slowing job market
TheStreet via Yahoo Finance· 22 hours agoPrice pressures have remained stubbornly elevated even in the face of Fed interest-rate...