The Latest Breaking News from Inflation

I thought I had these 3 retirement topics figured out. Here’s why I changed my mind

Lessons for retirees and preretirees on target-date funds, TIPS funds, and asking for help

The Independent UK · Oct 13

FM Sitharaman's LTCG tax remarks lift Sensex by 1,100 points. Can markets hope for a review?

Indian equities rallied on Tuesday, with the Sensex surging over 1,100 points after Finance Minister Nirmala Sitharaman said discussions around long-term capital gains tax (LTCG) and securities transaction tax (STT) were ongoing. IT stocks also supported gains, led by HCL Tech and TCS. However, mixed broader-market trends, elevated crude prices…

The Economic Times · Oct 13

IMF global economic forecast shows 'resilience under strain'

The International Monetary Fund (IMF) forecasts that global economic output will slow to 3.1% this year in spite of geopolitical disruptions, but warns that high inflation and AI share valuations could be risks for financial stability. Also in this edition: Russia says it has exported $320 billion worth of oil…

France 24 · Oct 13

Global Market: BoE's Megan Greene says UK interest rates may not be restrictive enough

Bank of England policymaker Megan Greene said the IMF’s upward revision to the UK’s economic growth forecast supports her view that monetary policy remains insufficiently restrictive. She warned that delaying interest rate hikes could prolong inflationary pressures, highlighting divisions among policymakers over balancing inflation control against economic growth and borrowing…

The Economic Times · Oct 13

Rising UK supermarket price inflation forcing shoppers to hunt for bargains

Supermarket prices are 2.5 per cent higher than last year

The Independent UK · Oct 13

Grocery price inflation edges up as shoppers lean on special offers

Supermarket prices are 2.5% higher than last year, up from 2.3% last month, data from Worldpanel by Numerator shows.

Evening Standard · Oct 13

Mortgage hedging adds selling pressure to US Treasury market as yields surge

Rising US Treasury yields and mortgage rates have triggered increased mortgage-related hedging, adding selling pressure to the bond market. However, analysts expect the impact to remain limited compared with previous selloffs, as refinancing incentives decline and the mortgage market shrinks. Oil prices, inflation expectations, and Federal Reserve policy remain key…

The Economic Times · Oct 13

Gold prices rise to Rs 1.50 lakh/10g; silver gains ahead of US economic data. Key levels to track

Gold and silver prices opened higher on MCX as investors awaited US inflation data for clues on the Federal Reserve’s rate outlook, while a firm dollar and geopolitical tensions kept precious metals volatile.

The Economic Times · Oct 13

Govt not only 'stealing' votes but also savings: Congress on rise in inflation

Congress leader Jairam Ramesh pointed out that inflation is rising, impacting essential goods and public savings. Food inflation surged to 7.74 percent, with significant increases in prices of onions, garlic, and ginger. The Reserve Bank of India has raised the repo rate in response to these inflationary pressures. The party…

The Economic Times · Oct 13

High crude vs festive demand: Can consumption stocks withstand the oil shock?

As the festive season approaches in India, high crude oil prices stir worries over profit margins for companies across sectors like FMCG and apparel. With input and logistics costs rising, analysts indicate that while consumer spending could increase, the burden of elevated crude prices might pressure profit margins. Larger, established…

The Economic Times · Oct 13