Major UK supermarkets are sounding the alarm over potential food price hikes due to impending tax increases. With inflation pressures mounting, households could feel the pinch even more. Find out what this means for your grocery bills.
Beef prices in the US have reached alarming heights, prompting political outcry and mixed responses from ranchers. As inflation pressures mount, Trump's proposed solutions face backlash from farmers struggling to survive.
US retail sales continue their upward trend, rising 0.6% in August, marking the third consecutive month of growth. This unexpected increase showcases consumer resilience despite inflation concerns.
In June, U.S. producer prices remained unchanged, despite rising costs in certain sectors due to tariffs. This stability could pave the way for potential interest rate cuts by the Federal Reserve later this year.
The Federal Reserve keeps the federal funds rate steady while navigating a complex economic landscape. With solid growth and elevated inflation, how will this impact your finances?
