However, inflation is yet to fall back to the Federal Reserve’s 2% target, and on Thursday, figures from the US Department of Commerce showed that inflation increased by 3.4% in the first three months of 2024. This is compared to an increase of 1.8% in the final three months of 2023.
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Mortgage rates: Average two-year fix now above 6%
admin, , Business, 0
More than 400,000 people will see their existing fixed deals end between July and September, a comparatively high number....
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Liberty Steel boss Sanjeev Gupta warns over loss-making plants
admin, , Business, 0
First, steelmaking provides highly skilled manufacturing roles, sometimes in areas where they are otherwise in short supply, commanding a...
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What the Autumn Statement means for you and your money
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By Kevin Peachey Cost of living correspondent In a speech focused at least partially on an upcoming election, Chancellor...
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Worst to come for food price rises, Tesco boss says
admin, , Business, 0
“As far as Tesco is concerned, we have 2,100 products on our lowest price. We’re either price matching against...
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Bank of Family helps nearly half of home buyers
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“Whilst the majority are mums and dads helping out, also grandparents, aunts and uncles and even friends of the...
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Kwasi Kwarteng: Investors wary as economic plan brought forward
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Providing reassurance on that score will likely mean confirming unpalatable news for others. For most economists reckon that, even...
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‘Catastrophic winter’ warning without help on energy bills
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At least 40% of energy giant E.ON’s customers will go into fuel poverty as prices rise this year, the...
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Warning cost of living fund closure ‘catastrophic’
admin, , Business, 0
Councillor Shaun Davies, chair of the Local Government Association, says closing the fund risks more households falling into financial...
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