Most Officials Worried About Inflation Moving Higher
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Inflation, Food Prices
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UK inflation heat puts Bank of England
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Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.
The economy could soon see a big drop in shelter prices that slashes the current inflation rate by more than half, Rosenberg Research said.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
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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 expectations that the Bank of England will cut interest rates again this year.
Opendoor Technologies has a challenging business model and, on top of that, has executed it poorly. Higher inflation may keep rates elevated, which would work against Opendoor. The company's CEO recently resigned,
Stocks finished mixed on Wednesday, with the Dow Jones Industrial Average securing a back-to-back gain and the S&P 500 dropping for a fourth consecutive day, after the Federal Reserve's most recent [m