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As of September 11, 2025, Federal Reserve Chair Jerome Powell has indicated a likely interest rate cut at the Fed's September meeting due to a slowing US economy and rising unemployment risks. Despite inflationary pressures from tariffs, Powell emphasized cautious, data-driven decisions amid political pressure from President Trump, who has escalated attacks on Fed independence by targeting Governor Lisa Cook.
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US producer prices declined slightly in August, signaling easing supply chain inflation. This comes ahead of the consumer price index release, which is expected to show a modest increase. The data suggests inflation pressures may be easing, but consumer prices are still rising annually.
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The US Federal Reserve and Bank of England have paused interest rate cuts due to persistent inflation and economic slowdown. The Fed cited cautious signals, while the BoE expects to hold rates until inflation eases further. Market reactions reflect uncertainty about future monetary policy moves.
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Business confidence in the UK fell to its lowest level on record in September, driven by rising labour and energy costs. Bank of England policymakers debate interest rate policies amid concerns over persistent inflation, with some suggesting further rate cuts are possible despite inflation risks.
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Federal Reserve Chair Jerome Powell signaled that the economic outlook remains unchanged since September, despite delays in official data caused by the government shutdown. The Fed is considering ending its balance sheet reduction and continues to forecast rate cuts this year, amid divided opinions on inflation and employment risks.
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Japan's nominal wages increased by 1.5% in August, a slowdown from the previous month, and below economist expectations. Real earnings declined for the eighth consecutive month. Meanwhile, household spending rose 2.3%, driven by transport and entertainment, indicating resilience in consumer activity despite wage stagnation.
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Bank of England officials warn of potential recession risks as inflation remains high and growth slows. Meanwhile, US policymakers expect further rate cuts to support the economy, citing trade tensions and inflation. Asian economies face different challenges, with deflationary pressures and subdued inflation. The global outlook remains uncertain.
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Amid rising economic and health challenges, small business owners and individuals are taking action. A Maine bakery owner offers free meals to those affected by SNAP cuts, while entrepreneurs in Chicago and Shanghai navigate supply chain issues. A woman in the UK shares her recovery from alcohol dependence, highlighting broader societal issues.
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Candy prices are rising sharply this Halloween, driven by climate-related cocoa shortages and tariffs. Experts report a 10.8% increase overall, with chocolate treats up to 20% more expensive. Consumers are shifting toward non-chocolate options amid higher costs and supply chain disruptions.
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The Bank of England's upcoming rate decision is highly uncertain, with analysts split on whether to cut or hold at 4.0%. Recent data shows inflation easing, but external factors and political signals complicate the decision. The outcome will influence borrowing costs and economic outlook.
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The Bank of England kept interest rates at 4% amid signs inflation has peaked at 3.8%. The MPC voted 5-4 to hold rates, citing the need for more evidence before future cuts. The decision comes ahead of the November 26 UK budget, with inflation forecast to fall to 2% by 2027.
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Recent US elections highlight ongoing economic concerns, especially inflation and high living costs, influencing voter behavior. Democratic gains in key states suggest a shift in public focus, while President Trump’s efforts to address affordability face skepticism amid persistent inflation and political tensions. The midterms are shaping up as a referendum on economic management.
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BT reported a decline of 242,000 Openreach broadband customers in Q2 2025, citing competition and market softness. The company is implementing a major cost-cutting plan, reducing its workforce by 6% and aiming for £3 billion annual savings, while revenues and profits declined.
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On November 23, 2025, Georgia Congresswoman Marjorie Taylor Greene announced her resignation effective January 5, 2026, citing a bitter feud with former President Donald Trump. Once a staunch MAGA ally, Greene criticized Trump over the Jeffrey Epstein files and foreign policy, prompting Trump to label her a "traitor" and endorse a primary challenger. Greene is considering a 2028 presidential run.
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The Biden administration is set to announce exemptions on tariffs for certain food imports, including beef, citrus, coffee, and bananas, aiming to reduce consumer prices amid political pressure and recent election results highlighting affordability concerns. The move signals a shift from previous tariff policies.
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President Trump has retroactively exempted key food imports, including beef, coffee, and bananas, from tariffs imposed earlier this year. The move aims to address rising grocery prices amid political pressure following recent elections where affordability was a key issue. The exemptions reflect a shift in trade policy and negotiations with trading partners.
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UK inflation fell to 3.6% in October, easing pressure on the Bank of England to cut interest rates. Markets anticipate a rate cut in December amid slowing growth and a weakening labor market, with the upcoming budget expected to influence policy decisions.
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The US government did not release October inflation data due to a shutdown, complicating Federal Reserve decisions. September jobs data showed strong growth but rising unemployment, intensifying debate over interest rate cuts amid limited economic information.