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Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years

Bank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates

Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years

As the economy cools, pressure is building on the Bank of England to cut interest rates.

By Gregory Schmidt

Powell Suggests Interest Rates Could Stay High for a Longer Period

Banking and Financial Institutions Consumer Price Index Inflation (Economics) Interest Rates Jefferson, Philip N Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

Powell Suggests Interest Rates Could Stay High for a Longer Period

The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of elevated inflation.

By Ben Casselman and Jim Tankersley

A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up

Banking and Financial Institutions Credit and Debt Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up

On a scale not seen in decades, many Americans are stuck in homes they would rather leave.

By Emily Badger and Francesca Paris

Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover

Biden, Joseph R Jr Consumer Behavior Income Inflation (Economics) Interest Rates Labor and Jobs Pennsylvania Presidential Election of 2024 Prices (Fares, Fees and Rates) United States Economy

Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover

Frustrated by higher prices, many Pennsylvanians with fresh pay raises and solid finances report a sense of insecurity lingering from the pandemic.

By Talmon Joseph Smith