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

Annual inflation rose to an 18-month high, increasing the chance that BOE policymakers might hold off from cutting rates in the coming months.

He cautioned that interest rate cuts don’t always translate into declines in the 10-year Treasury rate, a situation the economy experienced last year when the Fed rate cut spurred a surge in the Treasury rate.

Households could see mortgage rates once again edge up again over the coming weeks thanks to a surprise uptick in inflation.

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.

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,