The Latest Breaking News from Inflation

Average UK wages fall at fastest rate for more than two decades

Inflation and soaring energy bills cause squeeze on living standards, as unemployment rises slightly

The Guardian - UK · Jun 14, 2022

Pound slides against dollar and euro; falling real wages mean ‘year of pain’ – as it happened

Sterling is hit by fears over slowing economy, tensions over Northern Ireland protocol, and push for new Scottish referendum

The Guardian - UK · Jun 14, 2022

Cost of living crisis: Real-terms income falls as squeeze tightens

Pay excluding bonuses was up 4.2% - far below the rate of inflation

Evening Standard · Jun 14, 2022

ASX: Australian stocks close almost 3.6% down after global sell-off on inflation fears

Benchmark ASX200 index closes 246 points lower, after falling 360 points in the first 15 minutes of trading on Tuesday

The Guardian - AU · Jun 14, 2022

Boris Johnson suggests no tax cuts until ‘spiralling’ inflation under control

‘We can’t do anything that inflames that further,’ No 10 source says

The Independent UK · Jun 13, 2022

U.S. inflation rate is in the middle of the pack globally

Americans aren't alone in experiencing sky-high gas and food prices.

Axios · Jun 13, 2022

ASX down nearly 4 per cent after Wall Street sell-off on inflation fears, S&P 500 falls into bear market

Australian, US and global stocks are dumped by investors as they worry more aggressive interest rate rises by the US Federal Reserve could tip the global economy into recession.

ABC News · Jun 13, 2022

Wall Street sours on S&P as margin woes rattle Corporate America

Wall Street is afraid to buy the dip this time around.

Tribune News Service · Jun 13, 2022

Here's How Much $100 Invested In Bitcoin Today Will Be Worth If It Hits All-Time Highs Again

Cryptocurrencies are crashing in value with fear of higher inflation and holders liquidating positions. Here’s a look at how much a small investment in a leading cryptocurrency could be worth if all-time highs are hit once again.

Benzinga · Jun 13, 2022

Stocks’ pandemic bull run ends with recession fear: Markets wrap

U.S. stocks entered a bear market, Treasury yields spiked to levels not seen in a decade and the dollar rallied as the fallout from a hot inflation reading continued to rattle global trading already shaken by worries the Federal Reserve will plunge the economy into a recession.

Tribune News Service · Jun 13, 2022