Powell Warns: High Inflation to Delay Rate Cuts
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
Category : Search result: inflation drop
UK Inflation Stuck at 3.8% in August
New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.
UK Inflation Holds Steady at 3.8% in July
UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.
UK Inflation Plunges to 2.3%, Nearing BoE Target
In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi
UK inflation holds at 3.8%, Reeves faces budget warning
UK inflation remains stubbornly high at 3.8% in September, posing significant challenges for Chancellor Rachel Reeves as she faces warnings of a £24 billion budget shortfall and tough economic decisions ahead.
UK Food Inflation Could Hit 15% This Summer
Shoppers across the UK face a severe cost of living squeeze as new analysis warns grocery inflation could surge to 15% this summer, adding hundreds of pounds to annual food bills.
Wetherspoons Implements Major Menu Price Drop
JD Wetherspoons announces a significant price drop on food and drink items across its 800 UK pubs for a limited time, offering huge savings to customers.
UK Food Inflation Soars Above Germany and Spain
Exclusive analysis reveals UK food inflation is significantly higher than in Germany, Spain, and France, placing immense strain on British households and raising questions about post-Brexit trade impacts.
New York's $475m Inflation Refund: Claim Your Payment
Thousands of New York residents are eligible for a one-off inflation refund payment from a $475 million pot. Find out if you qualify for the cash boost and how to claim it.
IKEA announces major price drop on 1,000+ products
IKEA announces a major price drop on more than 1,000 items across its UK stores and online, offering significant relief to households amid the cost of living crisis.
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.
Cracker Barrel pauses store remodels after customer backlash
US dining chain Cracker Barrel halts its 'Old Country Store' modernisation programme following widespread criticism and a significant drop in quarterly sales. The future of the remodelling strategy is now under review.
London's Food Inflation Soars to 9.6%, Outpacing UK Average
Exclusive data reveals London's food inflation is significantly higher than the UK average, with major supermarkets facing accusations of profiteering. Discover which boroughs are hardest hit and why.
Cheerleader forced to drop out over online business
Laken Sneely, a dedicated Kentucky cheerleader, has been forced to abandon her education and cheerleading dreams after her school district enforced a controversial policy against her online business endeavours.
Wells Fargo shares plunge 9% after regulatory rejection
Exclusive: Wells Fargo faces major setback as US regulators reject its resolution plan, triggering a 9% stock plunge and raising concerns over the bank's crisis management capabilities.
Justin Bieber Surprises Fans With Midnight Album 'SWAG II'
Justin Bieber sends his devoted fanbase, the Beliebers, into a frenzy with the surprise midnight release of his new album 'SWAG II'. The pop sensation announced the unexpected drop on his Instagram, confirming the project is a sequel to his 2018 EP 'SWAG'
Arctic Blast To Bring Snow & Freeze To UK This Week
Brits are set for a dramatic temperature plunge as a bitter Arctic front is forecast to sweep across the country, bringing wintry hazards and a hard frost just days after unseasonable warmth. Get the full forecast and regional breakdown.
Sydney Sweeney Bud Light Ad Backlash Hits American Eagle
Bud Light faces a new wave of consumer backlash as sales of American Eagle plummet following a controversial advert featuring actress Sydney Sweeney, highlighting the ongoing volatility in brand partnerships.
NFL Unveils Major Rule Changes For New Season
The NFL has announced a series of groundbreaking rule changes for the new season, including a radical new kick-off format and expanded replay challenges for coaches. Discover how these updates will transform the game.
Howard Stern's Shocking Listener Loss Revealed
A former Howard Stern staffer makes a bombshell claim that the radio icon has lost 'millions' of loyal listeners. As his new season launches, we investigate the shocking decline and the internal concerns plaguing the once-unbeatable show.
Apple Watch Series 8 Hits Record Low: £309 on Amazon
Amazon slashes Apple Watch Series 8 price by £120 in massive sale event. Grab the premium smartwatch for just £309 while stocks last.
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.
Three-bedroom house prices see biggest monthly drop in a year
UK property market jolted as average price of a three-bedroom home falls by over £8,000 in just one month, marking the steepest decline this year. Experts analyse the causes and future outlook.
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.
Cracker Barrel's 'Woke' Rebrand Sparks Fury and Sales Crash
Iconic US restaurant chain Cracker Barrel faces a fierce customer backlash and plummeting sales after a drastic 'woke' rebrand alienates its conservative core base. The brand's attempt to modernise its values has been met with accusations of betrayal and
Sydney Dad's School Run Style Sparks Internet Debate
A Sydney father's impeccably sharp attire for the school run has ignited a social media firestorm, dividing opinion on parental dress codes and modern masculinity.
Idiotic Tourists Inches From Death On 500ft Cliff Edge
Shocking video captures the moment idiotic tourists dangle their legs over a 500ft cliff edge in the UK, ignoring all safety warnings in a near-fatal stunt for a photo.
London House Prices Plummet in First Annual Drop Since 2012
Exclusive analysis of the latest ONS figures reveals a significant shift in the UK property market, with London leading a national downturn. Discover which regions are hardest hit and what it means for homeowners and buyers.
UK Food Inflation: The Shocking Reasons Prices Are Still High
New analysis reveals the complex mix of global and domestic factors, from climate change to Brexit, that are keeping UK food inflation stubbornly high and squeezing household budgets.
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