The Latest Breaking News from Inflation

RBI much ahead in containing inflation: SBI report

NEW DELHI: The Reserve Bank is much ahead of the curve in containing inflation, which appeared to have peaked, though it may go for an interest rate hike in August and October, said an SBI research report on Monday.

The Times of India · Jun 13, 2022

Wall Street recession fears ramp up as S&P 500 tumbles

The S&P 500 dropped 2.4% in the first chance for investors to trade after getting the weekend to reflect on the stunning news that inflation is getting worse, not better

The Independent UK · Jun 13, 2022

How Fed rate hikes could impact stocks, crypto and other investments

The Federal Reserve is set to raise interest rates at its June 14-15 meeting after hiking rates in March and May. The nation’s central bank is expected to lift the benchmark Fed funds rate by 50 basis points — one-half of a percentage point — according to the CME FedWatch…

Tribune News Service · Jun 13, 2022

5 Sturdy Stocks to Buy as the World Bank Warns of Stagflation

U.S. inflation running hotter-than-expected has led the benchmark indices to end the last week in the red. On top of it, the World Bank has warned of stagflation and slashed its global growth forecast. Amid this volatile situation, fundamentally solid stocks in the consumer defensive sector Kellogg (K), Kroger (KR),…

StockNews.com · Jun 13, 2022

Here's Why Vodafone Should Be on Your Watchlist

Telecom operator Vodafone Group (VOD) recently highlighted concerns about rising inflation and increasing economic instabilities that could impede its growth. However, given the surging demand for telecom services and increasing digitization, telecom giants are investing extensively in upgrading their services to fulfill customer demand for rapid deployment of 5G connectivity.…

StockNews.com · Jun 13, 2022

5 Safe and Cheap Stocks to Buy Amid the Market Volatility

Amid the heightened volatility in the market on concerns over rising inflation and a potential recession, we think fundamentally sound stocks Anthem (ANTM), Qiagen (QGEN), Bayer Aktiengesellschaft (BAYRY), Amdocs (DOX), and McKesson (MCK), which are currently trading at significant discounts to their peers, could be wise investments now. In addition…

StockNews.com · Jun 13, 2022

S&P tumbles into bear market as inflation, Fed jitters mount

The news underscores the deeply uncertain outlook for the stock market after more than a decade of astronomical growth.

Axios · Jun 13, 2022

Stocks sink, sending the S&P 500 to a bear market

Stocks fell sharply on Monday after a stronger-than-expected inflation report spooked investors. The S&P 500 entered a bear market once again after briefly dipping into one last month.

WEKU · Jun 13, 2022

Rising food prices hit poor people the hardest: a close look at inflation in South Africa

Concerns about rising food prices are making the headlines across the world as pressures mount in the wake of Russia’s invasion of Ukraine. The war has driven up prices of commodities, including wheat, which is a staple food in many countries.

The Conversation · Jun 13, 2022

US investors see a bear market; here’s what that means

Wall Street looks like it will open the week with more losses, with the S&P 500 falling to a level that market observers consider to be a so-called bear market

The Independent UK · Jun 13, 2022