https://www.theepochtimes.com/world/boc-sees-growing-risk-that-high-rates-may-push-inflation-below-2-summary-suggests-5726374

BoC Sees Growing Risk That High Rates May Push Inflation Below 2%, Summary Suggests

Yesterday - Some members of the Bank of Canada's governing council are growing concerned that high interest rates may bring down inflation by more than necessary. The central bank's summary of deliberations released Wednesday offers a glimpse into the council's discussions in the lead-up to the Sept. 4 interest rate cut. Some members took the view that......

theepochtimes.com
https://www.rep-am.com/news/2024/09/18/federal-reserve-cuts-key-rate-by-sizable-half-point-signaling-end-to-its-inflation-fight/

Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

Yesterday - WASHINGTON - The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing expensive for American consumers. The rate cut, the Fed's first in more than four years, reflects its new focus......

rep-am.com
https://thenationalpulse.com/2024/09/18/breaking-federal-reserve-announces-first-interest-rate-cut-since-2020-despite-lingering-inflation-concerns/

BREAKING: Federal Reserve Announces First Interest Rate Cut Since 2020 Despite Lingering Inflation Concerns.

Yesterday - The Federal Reserve is announcing a 50 basis point (bps) cut to its effective funds rate, which will lower interest rates in the United States. At the moment, internet rates sit between 5.25 and 5.50 percent. Rates were last cut in March 2020 before rapidly increasing as rampant price inflation took hold under the Biden-Harris......

thenationalpulse.com
https://www.dailymail.co.uk/news/article-13868125/Hopes-fade-Bank-England-rate-cut-TODAY-inflation-sticks-2-target-despite-rates-slashed-US.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

Hopes fade for Bank of England interest rate cut TODAY after inflation sticks above 2% target... and despite rates being slashed in US

Today - Most economists think rate-setters on the Monetary Policy Committee will keep interest rates on hold at 5 per cent when they reveal their latest decision at midday....

dailymail.co.uk
https://americafirstreport.com/tim-walz-stumped-by-question-on-inflation-repeats-lie-about-trump-sales-tax/

Tim Walz Stumped By Question on Inflation; Repeats Lie About Trump ‘Sales Tax’

Today - Minnesota Gov. Tim Walz, the Democratic nominee for vice president, was stumped Tuesday when asked by a reporter to explain what he and Vice President Kamala Harris would do for families struggling financially. In an interview with local Macon, Georgia, CBS affiliate WMAZ, Walz first said that he and Harris understood the problem because they [...]

americafirstreport.com
https://www.dailymail.co.uk/news/article-13868729/No-fresh-relief-struggling-mortgate-payers-Bank-England-holds-rates-5-cent-inflation-remains-target.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

No fresh relief for struggling mortgage payers as Bank of England holds interest rates at 5 per cent after inflation remains above target

Today - Rate-setters on the nine-person Monetary Policy Committee voted to keep interest rates on hold at 5 per cent when they revealed their latest decision at midday....

dailymail.co.uk
https://www.washingtonexaminer.com/policy/finance-and-economy/3151645/inflation-dropped-to-1-7-in-august-in-producer-price-index/

Inflation dropped to 1.7% in August in producer price index

7 days ago - Inflation, as measured by the producer price index, declined four-tenths of a percentage point to 1.7% for the year ending in August, the Bureau of Labor Statistics reported on Thursday. The decline in inflation, which was anticipated by forecasters, is good news for the Federal Reserve and Vice President Kamala Harris as she campaigns for president. Annual PPI inflation [...]

washingtonexaminer.com
https://americafirstreport.com/groceries-still-too-high-kamala-harris-undermines-her-own-economic-record/

‘Groceries Still Too High’: Kamala Harris Undermines Her Own Economic Record

Yesterday - Vice President Kamala Harris undermined her own economic policies on Tuesday by admitting that inflation is far too high under the Biden-Harris administration. Harris faces a conundrum: She cannot campaign on policies to fix crime, inflation, and border security without undermining the Biden-Harris administration’s policies, but she must tout the administration’s policies to validate her [...]

americafirstreport.com
https://conservativeinstitute.org/conservative-news/walz-dodges-question-inflation-lies-middle-class-harris-trumps-sales-tax.htm

Gov. Walz dodges question on inflation, lies about 'middle class' Harris and Trump's 'national sales tax'

Today - Minnesota Gov. Tim Walz, the Democratic vice presidential nominee, appears to have a fraught relationship with the truth, as he has a history of making dishonest claims about various aspects of his personal background story. On Tuesday, Walz seemingly told two separate and provable lies in the same statement while dodging an actual answer to......

conservativeinstitute.org
https://www.standard.co.uk/comment/inflation-interest-rates-bank-of-england-andrew-bailey-b1183010.html

OPINION - The one metric where the UK economy beats the US

Today - Money versus job satisfaction. It is the perennial professional quandary, but there may in fact be one exception: central banking. Jerome Powell, chair of the US Federal Reserve, earns $190,000 per year for the privilege of overseeing the greatest economy the world has ever seen. I'm not saying the job is easy, but when Powell raises interest rates, inflation falls and GDP continues to grow. Oh, and possession of the global reserve currency must be nice, too. In other words, boring. ...

standard.co.uk

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