The Latest Breaking News from Inflation

Pupils in England showing high anxiety in run-up to GCSEs and A-levels, teachers say

Reports of panic attacks, anger, self-harm and disengagement before first exams in three years since Covid

The Guardian - UK · May 6, 2022

Interest rates: What are they and how do they affect inflation?

The Bank of England has raised interest rates to their highest level in 13 years

The Independent UK · May 6, 2022

The Week Ahead: Hoping for a turn in inflation trend, Fed will fight on

Now that the Federal Reserve has polished up its inflation-fighting credentials, has consumer inflation topped out?

Miami Herald · May 6, 2022

Queensland workers in pay dispute to only respond to bosses with ‘nanu nanu’ in protest

Visy staff to don pink high-vis vests and only respond to bosses with Robin Williams catchphrase to show management they mean business

The Guardian - AU · May 6, 2022

Asian stocks follow Wall St lower as rate hike worries grow

Asian stocks have followed Wall Street lower as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth

The Independent UK · May 6, 2022

Friday briefing: Mixed picture can’t obscure local anger with Boris Johnson

In this morning’s newsletter: Archie Bland reports from Sunderland on a night when Tory support collapsed in the local elections, but Labour failed to inspire

The Guardian - UK · May 6, 2022

Real wages to fall by 3% this year as inflation surges, says RBA

Australians’ wages are tipped to grow over the next two years, but are not predicted to catch up with rising prices until 2024

The Guardian - AU · May 6, 2022

US hiring was likely strong again in April despite inflation

For the past year, America’s job market has run like a well-engineered machine, adding an impressive average of 540,000 workers a month despite a punishing inflation rate, Russia’s ruinous war against Ukraine, a still-risky pandemic, jittery financial markets and the prospect of much higher borrowing costs

The Independent UK · May 6, 2022

We can't wait for Johnson to go

It is simply the case that Scots can no longer afford to have Boris Johnson in charge of the country for a moment longer.

Daily Record · May 6, 2022

Modest fee increases tipped for SA budget

The South Australian government says it will keep fee increases in the upcoming budget to well below inflation.

AAP · May 6, 2022