The Latest Breaking News from Inflation

Australian leaders focus on undecided voters in final campaign push

Australia's political leaders raced to get their message out to undecided voters in marginal seats on Thursday, two days before a general election, with economic problems dominating the last stretch of a tough campaign.

Reuters · May 19, 2022

New Zealand budget 2022: Ardern offers $1bn in sweeteners to tackle cost of living ‘storm’

PM says budget, which includes major spending on climate and health care reform, aims to ensure long term ‘economic and social security’

The Guardian - AU · May 19, 2022

Australia’s jobless rate at 50-year low of 3.9% but fewer positions added in April than predicted

The labour force figures are the final piece of economic data before the federal election and will be welcomed by the Coalition

The Guardian - AU · May 19, 2022

Police should use ‘discretion’ if cost-of-living crisis fuels rise in crime, police watchdog warns

Rising prices will ‘be challenge for policing to deal with’, Andy Cooke warns

The Independent UK · May 18, 2022

Sector Rotation And 9 Stocks To Watch During A Recession

Is the United States heading toward a recession? This has been the looming question on the minds of Americans since inflation topped at 8.5% in March, matched with other indicators such as rising interest rates and the bond market’s inverted yield curve.

Benzinga · May 18, 2022

EXPLAINER: Why is Wall Street close to a bear market?

The bears are rumbling toward Wall Street

The Independent UK · May 18, 2022

Plibersek says Albanese has a ‘tough job’ as polls tighten – as it happened

Follow all the day’s developments live

The Guardian - AU · May 18, 2022

Poor Brits hit hardest as inflation goes up by 10.9% - but only 7.9% for rich households

Rishi Sunak is still refusing to help ease the cost of living crisis by resisting demands for a windfall tax on energy giants. Meanwhile, households are facing high costs

Daily Mirror · May 18, 2022

U.S. Retailers Announced Nearly Seven Times As Many Store Openings As Closings In 1Q22

By Patrick McKeever While there are growing concerns about record inflation, rising borrowing costs, the psychological impact of Russia’s invasion of Ukraine, and record-high gasoline prices, U.S. consumers continue to be very resilient, buoyed by broad-based labor-market strength, solid wage gains and accumulated savings during the pandemic.

Benzinga · May 18, 2022

Spectre of 2023 global recession looms

In economics, there is no such thing as a surprise. Major economic events like rising inflation, interest rate hikes, currency depreciation, even economic recession can be detected as far as a year ahead.

Bangkok Post · May 18, 2022