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July, Air fares and UK inflation

New York Post on MSN · 7d

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.

Associated Press News on MSN · 1d

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.

BBC on MSN · 21h

Air fares and food prices push up inflation to 3.8% in July

Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air fares and food. That means inflation is at its highest level since January 2024 and still far above the Bank of England's target of 2%,

Fed, inflation

The Wall Street Journal · 19h

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,

Fox Business on MSN · 17h

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 · 18h

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.

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 ...

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 ...

6don MSN

Japan's July inflation rate likely eased but remained above BOJ target: Reuters poll

Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...

Seeking Alpha1y

July Inflation: Tamely Pointing To A Rate Cut - Seeking Alpha

Summary Inflation rose at 0.2% in July, with core inflation also rising at 0.2% on a month-over-month basis. Durable goods deflation continues, pushing core inflation towards the 2% target.

Where inflation jumped in July – and where it eased

A steep jump in the cost of air travel, along with increases in the price of many everyday items from tea and coffee to ...

2don MSN

There Is a 83% Chance the Federal Reserve Cuts Interest Rates in September. Doing So Would be Nearly Unprecedented.

After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at ...

The clearest sign yet tariff inflation is hitting companies: Wholesale prices jumped the most in three years

The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest ...

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 ...

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