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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 · 17h

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 on MSN · 5h

Dollar Edges Higher After Fed Minutes

The dollar rose slightly after the minutes of the Fed’s July meeting signalled policymakers were more concerned about high inflation than a slowing labor market.

UK Inflation Accelerated to 18-Month High

Bloomberg · 1d

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 interest-rate cuts.

Fox Business on MSN · 8d

Inflation cools slightly in July from prior month

The Bureau of Labor Statistics reported the July consumer price index which showed CPI inflation continued to rise as tariffs push prices higher for U.S. businesses and consumers.

GlobalData on MSN · 14h

UK inflation edges higher in July, piling pressure on SMEs

Small businesses are bracing for yet another squeeze after official figures showed UK inflation rising faster than expected in July. The Consumer Prices Index climbed to 3.8 per cent, up from 3.6 per cent in June,

UK inflation rises by more than expected

CNBC on MSN · 1d

UK inflation picks up to hotter-than-expected 3.8% in July

The U.K.'s annual inflation rate hit a hotter-than-expected 3.8%in July, according to data released by the Office for National Statistics (ONS) on Wednesday.

BBC · 1d

UK inflation rises by more than expected to 3.8%, largely driven by air fares

UK inflation rises to 3.8%, the Office for National Statistics says, the highest since January 2024. Chief economist Grant Fitzner says the main driver of inflation was higher air

The Financial Times · 1d

UK inflation rises more than expected to 3.8% in July

UK inflation accelerated more than expected to 3.8 per cent in July on the back of higher food prices and airfares, deepening doubts over whether the Bank of England will cut interest rates again this year to support lacklustre growth.

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 ...

6don MSN

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 ...

July CPI Inflation: The Core Is Crucial

The stock markets were unanimously pleased with the latest CPI inflation print. Check out my key takeaways from the latest ...

6don 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.

1don MSN

Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes

Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market ...

1don MSN

Canada's annual inflation rate eases to 1.7% in July boosting some hopes of rate cut

Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept ...

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 ...

The Canadian Press on MSN1d

Economists split on BoC's next rate move after July inflation data

Economists say they found some encouraging signs in the latest inflation numbers but some warn the Bank of Canada might need ...

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