The Latest Breaking News from Inflation

Inflation fuels fears of foreign exit

Securities analysts expect foreign funds to exit the Thai stock market after inflation jumped to a 13-year high of 7.1% in May, with the Bank of Thailand having to deal with rising prices, potential interest rate hikes and an economic slowdown.

Bangkok Post · Jun 8, 2022

Economic growth set to 'grind to a halt'

Warning of inflation reaching 10% in final quarter of year

Wales Online · Jun 8, 2022

UK economy ‘will grind to a halt’ and then shrink, BCC forecasts

Business group downgrades its outlook for growth next year to 0.6% as inflation soars

The Guardian - UK · Jun 8, 2022

US stocks will confront an earnings recession by the end of 2022

There are pervasive, and increasingly pronounced, signs that U.S. equities will be in a profit recession before the end of this year. Target Corp.’s warning on margins yesterday is emblematic of the problems faced by firms in an inflationary regime. Even if an economy-wide recession is avoided, the backdrop for…

Tribune News Service · Jun 8, 2022

This Cybersecurity Stock Looks Attractive After Establishing A 'Very Bullish Technical Formation'

CrowdStrike Holdings Inc (NASDAQ: CRWD) shares nearly touched $300 last year before spiraling lower with the overall market as growth stocks took a back seat to value names amid rising inflation.

Benzinga · Jun 8, 2022

Payroll jobs grow more slowly than 2021

The Australian Bureau of Statistics said payroll jobs grew by 0.2 per cent in the month to May, recovering after the impact of the Easter holiday in April.

AAP · Jun 8, 2022

Albanese says cost of living concerns will be ‘front and centre’ of cabinet meeting

Inflation, energy prices and wages growth on Labor’s agenda as pressure builds to provide relief to low income earners before October budget

The Guardian - AU · Jun 8, 2022

The recovery we had to have has put profits first and wages later – leaving workers out of pocket

Should the RBA stifle the recovery with fast rate rises, workers’ real incomes will continue to fall

The Guardian - AU · Jun 8, 2022

Inflation fuels Americans' recession angst

The White House has gone to great lengths to tout the booming labor market. But stubborn inflation may trump all.

Axios · Jun 8, 2022

Is United Rentals a Good Growth Stock to Buy?

United Rentals (URI) reported better-than-expected first-quarter 2022 results and raised its full-year guidance. But it is expected to suffer from inflationary environment and supply chain issues. So, let’s evaluate if it is wise to bet on the stock now.

StockNews.com · Jun 8, 2022