The Latest Breaking News from Inflation

Where to get more for your holiday money ahead of summer rush to the sun

Pound has surged in value against several foreign currencies in the past two years with Turkey offering the best exchange deals

Wales Online · May 23, 2022

Cold beer to your door: brewers in Latin America go direct

With COVID-19 lockdowns normalising home delivery of everything from fast food to aspirin, brewers are tapping into a lucrative new sales format - delivering cold beer on demand to consumers still gathering at home with friends even as bars reopen.

Reuters · May 23, 2022

After $5 trillion rout, emerging markets seek turnaround signal

The wreckage of a $5 trillion rout in emerging markets is starting to look like a buying opportunity to some intrepid investors.

Bangkok Post · May 23, 2022

Iain Duncan Smith calls for DWP benefits to rise by £729 in line with inflation

The proposal would see claimants receive an average of £729 extra over the coming year and first uplift by end of next month.

Daily Record · May 23, 2022

RBI governor Shaktikanta Das says central bank wants to hike rates in next meetings

NEW DELHI: India’s economic leaders are undertaking a coordinated attack on inflation, with fiscal and monetary authorities seeking to slow price increases and blunt the impact of higher costs on consumers.

The Times of India · May 23, 2022

Chancellor told to make £729 payment in June for people on Universal Credit

Experts also want an increase in how much people on Universal Credit can earn

Wales Online · May 23, 2022

Biden pitches Democrats as saviors for US economy ahead of midterm elections

Amid unyielding criticism from Republicans, Biden warns as bleak as it seems now, Republican control of Congress would be worse

The Guardian - US · May 23, 2022

Employment Minister urges Scots to be 'sensible' over pay

He warned that if people 'take wrong decisions we could end up with a recession'

Insider UK · May 23, 2022

Asian Markets Mixed as Inflation Fears Weigh

Asian stocks were mixed Monday as inflation fears and concerns about low economic growth weighed on markets. Investors will be looking to the release on Wednesday of notes from the latest Federal Reserve committee meeting for clues on further rate hikes by the US central bank. Wall Street ended the…

Asharq Al-Awsat · May 23, 2022

Biden says weighs reducing tariffs on China, asking OPEC to pump more oil

U.S. President Joe Biden said he was weighing cutting tariffs on Chinese goods while increasing calls on OPEC to raise oil production as he grappled with a politically damaging wave of inflation.

Reuters · May 23, 2022