The Latest Breaking News on Fed Expected To Cut Interest Rates Amid Cooling Inflation

The US Federal Reserve's favored measure of inflation held steady in July according to government data Friday, sustaining expectations that the central bank is on its way to interest rate cuts starting next month.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.77%. Stocks today are moderately higher on some positive corporate news. Intel is up more...

Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European Central Bank interest-rate cut.

The average home now costs £6,222 more year-on-year, according to new Nationwide figures

Average prices were 2.4% higher year-on-year, up from 2.1% in July and the fastest pace since December 2022, the building society said.

Prices still stand around 3% below the all-time highs seen just before Liz Truss’s mini-Budget

Asian markets rose Friday after a record day on Wall Street, boosted by a strong round of US data that reassured investors over the health of the world's top economy, while focus turns to the release of key inflation figures.