US inflation falls to 2.1%, just above Fed's target
The Guardian|November 01, 2024
A closely watched measure of US inflation has slipped to its lowest level since 2021, within striking distance of policymakers' target, after the Federal Reserve scrambled to bring down price growth from its highest level in a generation.
Callum Jones

The personal consumption expenditures (PCE) price index rose at an annual rate of 2.1% last month, down from 2.2% in August and in line with economists' expectations.

The progress was underlined by official data released five days before the US presidential election.

The state of the world's largest economy - and the cost of living in it - has played a central role in the contest between Kamala Harris and Donald Trump to succeed Joe Biden.

Inflation surged three years ago, peaking at its highest level in four decades as the impact of Covid-19 continued to disturb the global economy.

هذه القصة مأخوذة من طبعة November 01, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 01, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE GUARDIAN مشاهدة الكل
The Guardian

Violence on social media feeds leaves teenagers too scared to go out, study finds

Hundreds of thousands of teenagers are afraid to go out because of the violence they see on their social media feeds, a major study of children in England and Wales has found.

time-read
3 mins  |
November 25, 2024
Five dead and thousands left without power after Britain hit by flooding and storms
The Guardian

Five dead and thousands left without power after Britain hit by flooding and storms

Heavy rain and thawing snow caused flooding across Britain this weekend as Storm Bert battered the country, with five deaths reported.

time-read
3 mins  |
November 25, 2024
London auctioneers accused of selling looted antiquities
The Guardian

London auctioneers accused of selling looted antiquities

The auction house Bonhams is facing calls to withdraw a Roman antiquity from a London sale as it faces claims that it was looted from Turkey.

time-read
2 mins  |
November 25, 2024
Young people who refuse to work will lose benefits, Kendall warns
The Guardian

Young people who refuse to work will lose benefits, Kendall warns

Young people who refuse to take up jobs or training will lose their benefits in the government's crackdown on worklessness, the work and pensions secretary, Liz Kendall, has said.

time-read
1 min  |
November 25, 2024
Relatives' battles 'Too often you feel like someone to be handled'
The Guardian

Relatives' battles 'Too often you feel like someone to be handled'

Gurpreet Singh Johal is sitting in a London hotel lobby the night before he is due to meet David Lammy.

time-read
7 mins  |
November 25, 2024
The Guardian

Government announces plans to stop drink spiking

Thousands of bar staff will be trained to spot and stop drink spiking under government plans in England and Wales as prime minister Keir Starmer steps up efforts to tackle violence against women and girls.

time-read
1 min  |
November 25, 2024
Laverne given the all-clear after cancer treatment
The Guardian

Laverne given the all-clear after cancer treatment

Lauren Laverne, the presenter of Desert Island Discs, has said she has been given the \"all clear\" after undergoing treatment for cancer.

time-read
1 min  |
November 25, 2024
The Guardian

NHS bosses face lifetime ban for silencing whistleblowers

NHS managers who silence whistleblowers or endanger patients through misconduct face being sacked and barred from working in the health service for life under radical government plans to regulate thousands of bosses for the first time.

time-read
2 mins  |
November 25, 2024
The $300bn climate finance pact is likely to be followed by equally bitter battles
The Guardian

The $300bn climate finance pact is likely to be followed by equally bitter battles

Money will be 'mobilised' rather than provided - a nice distinction that allows for the inclusion of private co-investing

time-read
2 mins  |
November 25, 2024
Popularity has its price as cities and beauty spots get ready to bring in 'tourist taxes'
The Guardian

Popularity has its price as cities and beauty spots get ready to bring in 'tourist taxes'

Millions of tourists coming to the UK will soon be asked to pay local visitor taxes as cash-strapped councils seek extra money for services.

time-read
3 mins  |
November 25, 2024