BOK chief says rate hike needed at appropriate time

BCR: Peru's inflation excluding food, energy, and transport stood at 1.6% in June 2026

Year-on-year inflation stood at 4 in June 2026, while 12-month core inflation excluding food and energy came in at 4.5, the Central Reserve Bank (BCR) stated.

Why your Meralco bill will be higher in July – and might rise again soon

July’s increase is not from Meralco raising its own distribution rate, but that could be next, with the ERC expected to decide by August or September whether to allow a higher charge

BOK poised for rate hike Thursday as markets eye further tightening

BOK poised for rate hike Thursday as markets eye further tightening

The Fed Is Split Because Inflation Is Political

The Federal Reserve minutes from the June 16–17 meeting showed policymakers divided over where interest rates should go next. The official minutes admit the problem plainly. Inflation had “increased further and remained well above” the Fed’s 2 objective, while officials blamed tariffs, supply disruptions tied to the Strait of Hormuz, and demand from the AI []

GameStop raises its wild Pokémon 30th anniversary prices again and that's not even the worst part

Pre-order market prices are out of control for the September TCG set, and likely to get worse the release date gets closer.

Will the Fed Cut Rates in July 2026? Here's What the Markets Say

A Fed rate cut isn't happening in July 2026. Here's why a hike is on the table instead, and what it means for your savings and debt.

BOK’s Shin Sees Need for Rate Hike Ahead of Next Week’s Meeting

Bank of Korea Governor Shin Hyun Song told parliament that policy rates will need to rise at an appropriate time, reinforcing the bank’s hawkish stance just a week before a widely expected rate hike.

Consumers shouldn't expect prices to fall anytime soon, top economist warns

Conference Board chief economist Dana M. Peterson says inflation won't hit the 2 target until 2028 as market shocks lock in elevated consumer prices.

Taiwan’s CPI upside surprise shines spotlight on potential September rate hike

ASIA/PACIFIC: Taiwan's CPI inflation rose to a 17-month high of 2.6 YoY in June amid a broad-based uptick in inflation. This level looks likely to be at or near the peak for the year, given the fall in energy prices and more favourable base effects in the coming months, but if inflation stays sticky, the case for a third-quarter rate hike will strengthen

Fed minutes reveal divides over interest rates in Kevin Warsh's first meeting

A few policymakers saw a case for raising rates immediately, while many others saw hikes as necessary soon if inflation stays elevated

Rents are rising in Perth, and one major analyst says the hike is not over yet. New data from Cotality shows Perth and Melbourne rents jumped 3.5 per cent over the quarter, taking median weekly dwelling rent in the western capital to $750.

If recent rent increases have hurt, buckle up. The hike is not over yet, according to one major analyst.

US Fed's inflation concerns grew at June meeting, minutes show

WASHINGTON (Reuters) -- Concern ‌about high inflation mounted at the US central bank's meeting last month, as officials followed Federal Reserve Chairman Kevin Warsh's lead to a more stripped-down policy statement even amid concerns that price increases were broadening and might require interest rate hikes. A few participants at the June 16-17 meeting said there was already a case to raise borrowing costs, even though ‌they ultimately agreed with their colleagues to hold rates steady at this

Taiwan's inflation hits 17-month high in June

Taipei, July 7 (CNA) Taiwan's inflation hit the highest level for 17 months in June largely on a spike in fuel and food prices, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Tuesday.

MLB rumors: NL East team eyeing Sonny Gray; Astros tell Yordan Alvarez he won't be traded

The trade market is bubbling up with the deadline less than a month away

Excessive inflation will prevent the RBA from cutting rates anytime soon

EQ Economics Managing Director Warren Hogan says rate cuts won’t come anytime soon as inflation is “way too high”.

Greene County Bancorp's Surge Doesn't Mean It's Time To Pile In

Greene County Bancorp's Surge Doesn't Mean It's Time To Pile In

Inflation concerns prevailed in Kevin Warsh's first FOMC meeting: Fed minutes

During its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising inflation and ongoing supply chain disruptions. Economic indicators for the second quarter showed robust growth, and the job market appeared resilient. Although inflation forecasts were adjusted upward, a decline is anticipated later this year, with the Fed projecting inflation to meet its target by 2028.

Lower Hutt locals' relieved as new motorway deprioritised

The NZTA's latest Major Transport Projects Pipeline gives no set date for building the Petone to Grenada Link Road.

Fed Officials Floated A Rate Hike In June, Minutes Show

The Federal Reserve is growing increasingly worried about inflation.

Wardogs Release Date Spotted During Dev Stream

Upcoming tactical shooter Wardogs might have slipped its release date during a dev stream.

Tollway board could approve largest passenger hike, automatic increases with one vote

The proposal would raise tolls Jan. 1, with inflation-linked increases every two years after that. The post Tollway board could approve largest passenger hike, automatic increases with one vote appeared first on Illinois Policy.

Travis Hunter is expected to be fully cleared for camp

Coach Liam Coen said last month the Jaguars were unsure when Travis Hunter would be full go.

BNM governor says OPR adjustments will be data‑dependent on growth and inflation trends

KUALA LUMPUR, July 10 — At its current level of 2.75 per cent, the overnight policy rate (OPR) remains appropriate...

El Niño, prolonged Middle East war seen keeping Philippine inflation elevated

By Katherine K. Chan, Reporter Headline inflation could stay above the Philippine central bank’s target for longer if price pressures worsen amid the looming El Niño season, renewed Middle East conflict, and a potential de-anchoring of inflation expectations. In its latest Monetary Policy Report following its June meeting, the Bangko Sentral ng Pilipinas (BSP) said []

An All-Time High for Stamps: USPS Is Raising Its Prices Again on July 12—but Experts Say the Increase Won’t Work

The agency continues to grapple with mounting financial pressures.

(News Focus) BOK widely expected to increase benchmark rate to curb mounting inflation pressure

SEOUL, July 13 (Yonhap) -- The Bank of Korea (BOK) is widely expected to raise i...

US set to dodge Biden-level inflation despite Iran disruptions

The wave of inflation in the past few months is not expected to grow into an inflation tsunami of the kind that rocked the United States as it emerged from the COVID-19 pandemic. Inflation crested at nearly 9 in June 2022 under then-President Joe Biden — the worst in generations — but has generally fallen []

Bitcoin’s BIP 110 fork deadline nears with miner support at zero

Bitcoin’s BIP 110 fork deadline nears with miner support at zero

India’s June retail inflation at 4.38% on year

India’s June retail inflation at 4.38% on year

Transnet fuel pipeline project costs soar to R28bn

MPP project now 16 years behind schedule as regulator moves to shield consumers from steep tariff hikes

School board member Jennifer Custer: Blame county’s delayed property tax bills for CPS financial woes, not the state – Chicago Tribune*

Last year alone, the five-month delay of the 2025 second installment of taxes cost CPS about 30 million, or approximately 220,000 per day at the peak. ... The delays since 2020 have cost the district a total of over 80 million. And this cost will grow further because of another anticipated two-month delay for the 2026 second-installment property tax bills, which are being shifted from Aug. 1 to October.

Interest rates may need to rise this year, says Bank of England economist

Chief economist at the Bank of England says slower growth and inflationary pressures mean rate rise needed

OCR hike unlikely to trigger immediate mortgage rate rises or clobber growth – economists

OCR hike unlikely to trigger immediate mortgage rate rises or clobber growth – economists