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Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years
Posted inBank 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.
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Posted by By Gregory Schmidt
Powell Suggests Interest Rates Could Stay High for a Longer Period
Posted inBanking 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.
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Posted by By Ben Casselman and Jim Tankersley
A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up
Posted inBanking 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.
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Posted by By Emily Badger and Francesca Paris
Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover
Posted inBiden, 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.
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Posted by By Talmon Joseph Smith

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