IJR News - today's news from every sideTom Gallagher This move makes sense to curb 3.5 percent inflation but it risks tipping more households into financial strain if bills keep climbing. Derek Foss Energy costs and solid UK data should keep supporting sterling even after the decision. Retailers Open, Plan New Stores Across RegionsBusiness — Oct 29, 2026Several retailers are opening or expanding stores: Lafayette, Louisiana, is set to get locally owned home-consignment shop Hart & Cole and Rayne antique dealer Cuccio Bella Antica, while Arhaus is opening an expanded showroom in Hackensack, New Jersey. Oliver Bonas is preparing a Whiteley, England, location, and Cunningham’s Gala has opened in a former bank building in Ballaghaderreen, Ireland.
Derek Foss Slow and steady seems better than rushing increases that could stall growth. Marcus Bell Markets pricing in a November move feels premature given how uncertain global energy shocks still are. Derek Foss High tides on top of the rain could close a lot of coastal roads in New England, so people better have backup plans ready. Chris Dalton Fuel costs driving this inflation spike could easily push the Bank to delay any rate cuts again. Nicole Hardy Fewer openings and falling payrolls mean the labor market is cooling without tipping into recession territory.