The Latest Breaking News from Inflation

Rate hike concerns spook stock investors

Thai stocks extended losses on Monday as investors worry strong US jobs reports and the prolonged Russia-Ukraine war will drive the Federal Reserve to move with more aggressive and quicker rate hikes to fight inflation.

Bangkok Post · May 9, 2022

When will inflation stop happening?

Until a few years ago, major economies were struggling to achieve even mild inflation, with policymakers in the United States, United Kingdom and eurozone struggling to meet their targets of 2% annual price growth. But with the arrival and persistence of Covid-19, the world changed dramatically. Two years later, everyone…

Bangkok Post · May 9, 2022

Fed: Inflation, Ukraine biggest threats to financial system

The Federal Reserve no longer views the coronavirus pandemic as the biggest threat to the global financial system

The Independent UK · May 9, 2022

Rupee slumps to all-time low of 77.44 on forex outflows, rising US yields

MUMBAI: Extending its losses for a second day, the rupee on Monday slumped by 54 paise to close at a record low of 77.44 against the US dollar, pressured by the strength of the American currency overseas and unabated foreign fund outflows.

The Times of India · May 9, 2022

15 Best Dividend Stocks Across These 3 Key Sectors

The Fed’s recent interest rate hike of 0.5% is the most significant in over 20 years. Chairman Jerome Powell expects several additional rate hikes through the end of 2022 and into 2023 amid the highest inflation the United States has seen since December 1981.

Benzinga · May 9, 2022

EXPLAINER: Recession fears grow. But how high is the risk?

Inflation is at a 40-year high

The Independent UK · May 9, 2022

Why TreeHouse Foods Shares Are Surging Today

TreeHouse Foods Inc (NYSE:THS) reported first-quarter FY22 sales growth of 7.9% year-on-year to $1.14 billion, beating the consensus of $1.09 billion. The gross profit for the quarter contracted 350 basis points Y/Y to 13.6%. The company reported an operating loss of $(40.7) million versus an operating income of $11 million last year. The…

Benzinga · May 9, 2022

High UK inflation could last for ‘years rather than months’, warns economist

Expert sounds warning as Bank of England economist says inflation ‘uncomfortably high’ amid cost of living crisis

The Guardian - UK · May 9, 2022

Biting Back: Will FAANG Favorites Recapture their Form on Wall Street in Q3 2022?

Despite having an extraordinary track record on Wall Street, 2022 has been a testing year for FAANG stocks. Having taken a battering from tech stock sell-offs in the wake of record-breaking inflation and supply chain issues arising from the Covid-19 pandemic, leading growth stocks have struggled to recapture the form…

Benzinga · May 9, 2022

RBI intervenes to defend rupee, ready to do more

NEW DELHI: The Reserve Bank of India (RBI) is intervening in all foreign-exchange markets and will continue to do so to protect the rupee that slid to a record low Monday, said a person familiar with the matter.

The Times of India · May 9, 2022