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Inflation

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Middle East Conflict and Rising Energy Costs Push U.S. Mortgage Rates to Year High of 6.58%
Posted inEconomy

Middle East Conflict and Rising Energy Costs Push U.S. Mortgage Rates to Year High of 6.58%

Discover how rising Middle East tensions and surging energy costs pushed US mortgage rates to a year high of 6.58 percent, impacting homebuyers.
Posted by Prasenjit Bhowmik July 24, 2026
Dollar Rises as Intensifying Middle East Conflict Sparks Interest Rate Hike Expectations
Posted inMarket

Dollar Rises as Intensifying Middle East Conflict Sparks Interest Rate Hike Expectations

The surging Middle East conflict is driving up energy prices and fueling rate hike fears, causing the US dollar to rise as investors seek safe havens.
Posted by Prasenjit Bhowmik July 24, 2026
U.S. Inflation Pulls Back in June as Gas Prices Drop 9.7% Following Energy Surge
Posted inEconomy

U.S. Inflation Pulls Back in June as Gas Prices Drop 9.7% Following Energy Surge

US consumer inflation cooled to 3.5 percent in June as a steep drop in gas prices brought relief and beat Wall Street expectations.
Posted by Prasenjit Bhowmik July 24, 2026
Fed Chair Kevin Warsh Signals Zero Tolerance for Inflation in High-Stakes Congressional Testimony
Posted inEconomy

Fed Chair Kevin Warsh Signals Zero Tolerance for Inflation in High-Stakes Congressional Testimony

Fed Chair Kevin Warsh signals a strict hawkish stance on inflation during his high-stakes debut testimony before Congress.
Posted by Prasenjit Bhowmik July 24, 2026
U.K. Consumer Confidence Surges as Economic Outlook Brightens
Posted inEconomy

U.K. Consumer Confidence Surges as Economic Outlook Brightens

UK consumer sentiment reaches a two-year high as stabilizing inflation and regional economic boosts ease the cost-of-living crisis.
Posted by Prasenjit Bhowmik July 24, 2026
Mortgage Rates Surge to 6.58%, Hitting Highest Level in Nearly a Year Amid Inflation and Geopolitical Pressures
Posted inEconomy

Mortgage Rates Surge to 6.58%, Hitting Highest Level in Nearly a Year Amid Inflation and Geopolitical Pressures

US mortgage rates have climbed to their highest point in nearly a year driven by rising Treasury yields and geopolitical tensions.
Posted by Prasenjit Bhowmik July 24, 2026
Japan Consumer Inflation Accelerates in June, Strengthening Case for Bank of Japan Rate Hikes
Posted inEconomy

Japan Consumer Inflation Accelerates in June, Strengthening Case for Bank of Japan Rate Hikes

Rising oil and food costs pushed Japan inflation up in June, boosting the Bank of Japan case for raising interest rates to normalize the economy.
Posted by Prasenjit Bhowmik July 24, 2026
California Grocery Prices Risk Increase as New Plastic Packaging Law Takes Effect
Posted inEconomy

California Grocery Prices Risk Increase as New Plastic Packaging Law Takes Effect

Learn how California's new plastic packaging law could soon raise your grocery bills as manufacturers pass recycling fees onto consumers.
Posted by Prasenjit Bhowmik July 23, 2026
Social Security COLA Forecast to Rise to 3.8% in 2027 Amid Persistent Inflation
Posted inEconomy

Social Security COLA Forecast to Rise to 3.8% in 2027 Amid Persistent Inflation

Social Security recipients across the United States could see a 3.8% Cost-of-Living Adjustment (COLA) in 2027 as persistent inflation continues to pressure household budgets, according to a report released by…
Posted by Prasenjit Bhowmik July 23, 2026
National Gas Prices Surpass $4 as Escalating U.S. Military Strikes in Iran Rattle Energy Markets
Posted inEconomy

National Gas Prices Surpass $4 as Escalating U.S. Military Strikes in Iran Rattle Energy Markets

The AAA national average price for regular gasoline crossed the $4 threshold on July 21, reaching $4.019 per gallon across the United States as escalating U.S. military strikes against Iranian…
Posted by Prasenjit Bhowmik July 23, 2026

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