Economy News Us Inflation Sticks At 3 7 Uk Economy Grows In August But Recession Fears Linger – Business Live

Despite US trade war, OECD expects global economy will grow 3.2% this year

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for ... Read More

UK growth facing headwinds from tax hikes and spending cuts – OECD

OECD - The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening. Read More

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

US tariffs to slow UK economy, lower inflation, BoE's Dhingra says

LONDON, Oct 23 (Reuters) - Higher U.S. tariffs on imports are weighing on growth in Britain and are likely to lead to downward pressures on British inflation over the medium term, Bank of England ... Read More

OECD: Labour is pushing UK inflation to second highest in G7

The UK is set to suffer the second highest level of inflation in the G7 over the next year as a result of the Labour government’s decisions to pile extra costs on businesses, the Organisation for ... Read More

Factbox-How the UK Economy Has Fared Since Reeves' First Budget

Britain's main inflation rate rose to 3.8% in July, August and September from 2.3% in October 2024, with the tax increase on employers adding to price pressures. It slowed to 3.6% last month but ... Read More

Inflation Edges Up, but Less Than Expected, to 3% Rate

Annual inflation heated up slightly in September, but not as much as economists expected, giving the Federal Reserve a clear path for widely expected rate cuts heading into their remaining meetings ... Read More

Americans plan to spend big this holiday season even as they fret about the economy, Visa finds

Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new ... Read More

Investing legend Mohamed El-Erian says he's kept up at night by 2 big problems with the US economy

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