Category : Search result: Inflation


US Inflation Outpaces Wages, Census Data Reveals

Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.

UK Summer Air Fares Soar Amid Inflation Surge

Official figures show a dramatic surge in UK air fares this summer, with prices skyrocketing due to persistent inflation and soaring jet fuel costs. Discover what's driving the increase and how it's affecting holidaymakers.

UK Food Inflation Crashes to 18-Month Low

In a major relief for households, UK food inflation has dropped to its lowest level since January 2023. We break down which grocery prices are falling fastest and what it means for your weekly shop.

UK Retail Sales Crash Amid Soaring Inflation

New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.

UK Inflation Rises, Halting Bank of England Rate Cuts

UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.

UK Inflation Rises to 2.5%, Dashing Rate Cut Hopes

In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo

Bank of England holds rates at 5.25%

The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly above target. Governor Andrew Bailey signals cautious optimism but warns of persistent risks.

US Grocery Prices Cause Financial Stress

Rising food costs in America are causing financial stress for millions, with many struggling to afford basic groceries. Experts warn the trend may continue.

New York is the most expensive US city

A recent study reveals New York as the most expensive city in the US, with Miami and Los Angeles close behind. Discover what’s driving the soaring costs.

Bank of England holds rates at 5.25% amid inflation concerns

The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive meeting, as policymakers weigh persistent inflation against economic growth risks. Governor Andrew Bailey signals cautious optimism but warns of lingering price press

Trump blamed for UK inflation in new poll

A new poll shows UK voters blame Donald Trump's economic policies for worsening inflation and the cost-of-living crisis, with many calling for stronger government intervention.

Bank of England holds interest rates at 5.25%

The Bank of England has kept interest rates unchanged at 5.25% for the seventh consecutive meeting, as inflation remains stubbornly high. Experts weigh in on what this means for mortgages, savings, and the UK economy.

Fox News host clashes with Trump over inflation poll

A heated debate erupted between Fox News anchor Harris Faulkner and former President Donald Trump after a poll showed voters blaming Biden for inflation, not Trump. Discover the explosive details.

UK food inflation hits essentials hardest

New data reveals UK food inflation remains stubbornly high, with staples like bread and milk seeing the sharpest price hikes. Discover which items are driving up your grocery bill.

Federal Reserve signals potential rate cuts

Federal Reserve Chair Jerome Powell hints at potential interest rate cuts, sparking market optimism. Here's how it could impact savings, mortgages, and investments.

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