RBI Raises Repo Rate to 5.50% and Puts Home Loan EMIs in Focus
The Reserve Bank of India raised the repo rate by 25 basis points to 5.50% on October 7, 2026—its first rate hike in almost four years. If your floating-rate home loan is
RBA Lifts Cash Rate to 4.60%, Warns More Hikes Possible as Oil Prices and AI Demand Drive Inflation
If you have a variable-rate home loan, yesterday’s Reserve Bank announcement directly changes what you’ll pay each month. The RBA raised the official cash rate by 25 basis points to 4.60% on 29 September 2026 — a unanimous decision that
10-Year Treasury Yield Near 5% as 30-Year Mortgage Rates Hit 7% — What That Means for Your Loan
American households are paying more to borrow. The 10-year Treasury yield — a rate that does not directly appear on any consumer loan statement,
Dollar General’s CEO Says Customers Earning Over $100K Are Now Shopping Like Discount Buyers
Dollar General’s chief executive said this week that customers earning $100,000 or more a year are increasingly behaving like the discount shoppers the chain
August CPI Arrives September 11: What Inflation Looked Like Last Month and Why It Matters
The August inflation numbers are coming on September 11, and economists are watching the release closely. This data will provide a clearer picture of inflation trends and is an input into broader
Sunita Somvanshi
Business Group Urges Triple Lock Overhaul to Fund Youth Hiring Cuts in UK Budget Debate
The BCC urges scrapping the triple lock for CPI-only rises to help fund youth hiring tax cuts, reviving a hard UK choice between pension security and growth spending. Read more. Read more.
RBA’s Rate-Hike Warning Now Includes an AI Boom Risk, Not Only Inflation Pain
The Reserve Bank of Australia is again under pressure to explain why interest rates may rise, but deputy governor Andrew Hauser added a newer risk to the usual inflation debate: an unexpected
August jobs surge: 162,000 added, unemployment at 4.1% — but Fed governor signals no rate cuts yet
U.S. economy added 162,000 jobs in August 2026, unemployment held at 4.1%. Food services led hiring. But with PCE inflation at 3.7%, Fed Governor Waller says cuts are off the table.
Beef prices jump nearly 10% — DOJ probes Walmart, Kroger, and six other major retailers
Beef and veal prices rose 9.4% year-over-year as the DOJ widens its antitrust probe to eight major retailers including Walmart and Kroger. Beef roasts jumped 13.5% — why?
UK Debt at 94% of GDP: £2.985 Trillion, 18-Year Gilt High Before October’s Budget Decision
Britain’s government debt reached approximately £2.985 trillion by the end of July 2026. That’s 94.1% of GDP. In monthly terms, public-sector net borrowing was £1.8 billion in July—higher than July 2025 and
New Zealand Raises Official Cash Rate to 2.75%; RBNZ Acts on Inflation Despite Fuel Price Drivers
New Zealand’s central bank raised its official interest rate by 25 basis points to 2.75% on September 2, 2026. The move was intended to return inflation sustainably to its 2% midpoint. Inflation
Australia 10-Year Bond Yield Reaches 5.16%, Highest Since April 2011; Implications for Mortgages Explained
Australia’s 10-year government bond yield reached 5.16% on September 1, 2026. That’s the highest level since April 2011—15 years ago. But what does that number mean for people with mortgages, savings, or
Fed Chair Warsh Signals Higher Inflation Focus as Rate Hike Odds Jump to 50/50
Federal Reserve Chair Kevin Warsh said controlling inflation is the central bank’s primary focus on Friday, signaling that price pressures remain the Fed’s top concern even as employment holds steady and consumer
Social Security 2027 COLA announcement delayed until October; forecasts predict 3.5-3.6% increase over 2026
The 2027 Social Security Cost-of-Living Adjustment (COLA) will not be official until October 2026, though early forecasts suggest a modest increase following 2026’s 2.8% adjustment. Retirees planning their next-year budgets should understand