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Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged.

U.S. News Money · 19h

Fed Divided in July on Inflation, Tariffs and Jobs

Minutes of the Federal Reserve’s July meeting show widespread concern over the slowing economy and the impacts of import tariffs.

The Wall Street Journal · 20h

Fed Officials Were Divided in July Over Timing of Tariffs’ Effects on Inflation

The written account of the Federal Reserve's July meeting, released on Wednesday with a customary three-week lag, suggested officials were divided over when they could be confident that higher import costs wouldn’t lead to a period of broader,

UK Core Inflation Surges Beyond Expectations

Fox Business on MSN · 7d

Producer prices surged more than expected in July, spurring inflation concerns

The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns about inflation's economic impact.

Reuters on MSN · 1d

South Africa's consumer inflation rises in July as expected

South Africa's headline consumer inflation rose to 3.5% year-on-year in July from 3.0% in June, in line with economists' expectations.

TipRanks on MSN · 7h

UK Core Inflation Surges Beyond Expectations in July

The UK’s Core Inflation Rate YoY for July increased to 3.8%, up from the previous 3.7%. This marks a 0.1 percentage point rise, indicating a

UK inflation heat puts Bank of England

Reuters · 1d

UK inflation heat puts Bank of England back in the spotlight

British inflation looks set to hit 4% next month, double the Bank of England's target and a level likely to add to nervousness at the central bank about the risk of price growth getting stuck at a stubbornly high rate.

The Financial Times · 1d

Firm UK inflation in July piles pressure on Bank of England

In July, headline CPI inflation in the UK rose at an annual rate of 3.8 per cent, above market expectations of a 3.7 per cent rise, but in line with BoE expectations Services inflation was also stronger than markets expected although it was boosted by erratic items Not all the news in the UK’s July inflation data was bad.

The Wall Street Journal on MSN · 1d

U.K. Inflation Gains Pace, Likely Keeping Bank of England From Fresh Rate Cuts

Consumer prices were 3.8% higher in July than the same month last year, as annual inflation rose to an 18-month high in the U.K.

8don MSN

Inflation Held Steady at 2.7% in July

Consumer prices were up 2.7% in July from a year earlier, unchanged from June’s gain ...

4hon 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 ...

7don MSN

Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes

The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.

6don MSN

Inflation unexpectedly jumped to 3.3% in July in producer price index

Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12 month increase since February. On a ...

July UK CPI: Inflation Heats Up, But The BoE May Look Through The Noise

UK inflation rose unexpectedly in July, led by energy and airfares, but core pressures remain nuanced. Markets signal BoE may ...

UK Inflation Accelerated to 18-Month High in July

UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...

DC News Now on MSN8d

Inflation held steady in July

Gas prices plummeted last year and that's kept inflation lower than expected but a different number, core inflation, which ...

Inflation slowed to 1.7% in July, but food prices rose at faster pace

The annual rate of inflation cooled to 1.7 per cent in July, according to Statistics Canada, down from 1.9 per cent in June.

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