The Latest Breaking News from Inflation

Retailing in last hurrah before rate rise

The Australian Bureau of Statistics says retail trade rose 1.6 per cent in March to a record $33.6 billion, coming before rising interest rates take their toll.

AAP · May 3, 2022

Shock interest rate rise shows Australia’s economic exceptionalism is fading

RBA’s decision is, in the words of one economist, ‘a radical revision’. Could this turn a plateauing of property prices into a rout?

The Guardian - AU · May 3, 2022

Martin Lewis' warning over rising inflation

Inflation has risen by 6% over a 12-month period, the ONS has revealed. Although the Bank of England expects it to fall again in the coming years, money expert Martin Lewis has a warning for consumers...

Manchester Evening News · May 3, 2022

Perthshire Chamber of Commerce chief urges newly-elected councillors to oppose further business taxes and levies

The ‘Restore, Recover and Reform’ pledge askes potential representatives to commit to “pro-business and pro-enterprise policies” as business owners face “rising cost pressures”

Daily Record · May 3, 2022

2 ETFs to Take Advantage of Higher Food Prices

Food prices have been skyrocketing amid rising tensions surrounding the Ukraine-Russia war, which has worsened an already distressed global supply chain. Nevertheless, we think investors could take advantage of surging food prices by investing in quality ETFs First Trust Nasdaq (FTXG) and Invesco Dynamic Food (PBJ). Let’s discuss.

StockNews.com · May 3, 2022

Buy These 2 Utilities ETFs to Protect Your Portfolio from a Bear Market

The Fed’s plans to hike interest rates aggressively to curb runaway inflation and the consequences of the ongoing Russia-Ukraine war are wreaking havoc on the stock market. This, coupled with rising recession fears, is expected to keep market sentiment bearish in the near term. Therefore, we think it could be…

StockNews.com · May 3, 2022

High inflation, Ukraine crisis boost jewellery sales on Akshaya Tritiya

KOLKATA: Jewellers of Kolkata are happy on the auspicious day of Akshaya Tritiya to witness a footfall jump of 30-40 per cent compared to normal days as soaring inflation, the Ukraine crisis, besides religious sentiments, influenced people to purchase gold and bullion as assets.

The Times of India · May 3, 2022

10 Products And Places Most Impacted By Inflation

The “transitory” inflation, as it has been called by the Federal Reserve officials, may stay around longer than expected, even with the Fed working to lower inflation through monetary policy.

Benzinga · May 3, 2022

Employers post record 11.5 million job openings in March

Employers posted a record 11.5 million job openings in March, more evidence of a tight labor market that has embloldened millions of American workers to leave their jobs and contributed to the biggest surge in inflation in four decades

The Independent UK · May 3, 2022

Bank of England poised to ramp up interest rates as inflation bites

TWITCHY central banks are poised to aggressively hike interest rates this week in a bid to combat soaring inflation, but they risk plunging already wobbly economies into recession say experts.

Evening Standard · May 3, 2022