The housing market is juggling mixed economic signals-ranging from stubborn shelter costs to easing mortgage rates.

The Bank of England will cut interest rates by a quarter-point once more this year and then again in early 2026 as a resilient economy generates persistent inflation, according to most economists in a Reuters poll who have largely not changed their outlook in the past month.

Inflation is expected to jump again when July’s report is published this morning. Rising food prices and summer spending could be partly responsible.

The Current Inflation Rate Is 2.7%. Here's How That Could Affect This Leading Retail Stock. Inflation may have cooled off from its peak of around 9% in 2022, but the beast has not been fully tamed.

UK inflation rose by more than expected in July as demand for summer travel pushed up air fares and food prices continued to climb, according to official figures. Consumer Prices Index (CPI) inflation increased to 3.8% in July, from 3.6% in June, the Office for National Statistics (ONS) said.

UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of interest-rate cuts.

The data complicates the picture for an anticipated interest-rate cut at the Federal Reserve’s next meeting in September by nudging the central bank’s inflation gauge in the w

With CPI easing but PPI spiking, Powell’s Aug. 23 Jackson Hole speech lands as markets reassess a September cut. Tariff pass-through risks and softening jobs strain the Fed’s dual mandate. Expect a market-moving signal for rates,