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Retail sales were unchanged in April from March as inflation and interest rates curb spending
CBS News· 5 hours agoAmericans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. Retail sales ...
Mortgage rates tick down again after modest gains on inflation
Bankrate via Yahoo Finance· 21 hours agoWill mortgage rates go down? Mortgage rates are tied to inflation. In a bit of good news, inflation...
Halifax reduces mortgage prices despite inflation dashing June Bank of England rate cut hopes
Evening Standard via Yahoo Finance· 1 day agoIt also comes despite higher-than-expected consumer price inflation figures released by the Office...
With inflation falling fast, will the BoE quickly cut rates?
Reuters· 2 days agoBritain's once towering inflation rate looks set to fall close to the Bank of England's 2% target on...
Why Is the Economy So Weird Right Now?
Reason.com via Yahoo Finance· 3 hours agoBut, it doesn't feel great to most voters because a) it was via the Federal Reserve hiking interest rates that made it so inflation could be tamed, and...
Stubborn UK services inflation dampens BoE rate cut prospects: ING By Investing.com
Investing.com· 1 day agoThe latest UK services inflation data for April showed a higher-than-expected figure of 5.9%,...
UK inflation: When will the Bank of England cut interest rates?
The Telegraph via Yahoo Finance· 2 days agoBy increasing the cost of borrowing, it makes it more expensive to take on debt, which limits...
Traders bet against summer rate cut despite fall in inflation
Daily Telegraph· 22 hours agoInflation is set to fall further towards the Bank’s 2pc target next month, driven by another drop in...
UK inflation rate: How fast are prices rising?
BBC via AOL· 2 days agoWhat does inflation mean? Inflation is the increase in the price of something over time. For example, if a bottle of milk costs £1 but is £1.05 a year...
Fed Officials Saw Longer Wait for Rate Cuts After Inflation Setbacks
The Wall Street Journal· 22 hours agoThey have held rates at that level since July, when they concluded the most rapid series of...
