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The Latest Breaking News from Inflation

Petrol, diesel’s second price hike in 5 days leaves common man concerned about price burden

Petrol and diesel increased by approximately 90 paise per litre across India. Citizens expressed widespread disappointment, highlighting the severe impact on the common man and middle-class families struggling with rising inflation. Drivers and daily wage earners voiced concerns about their ability to sustain their livelihoods amidst escalating costs.

The Economic Times

Gold steady on weaker dollar after Trump pauses planned Iran attack

Gold prices stabilized as a weaker dollar and falling oil prices eased inflation worries, following President Trump's decision to pause an attack on Iran. This move, aimed at fostering negotiations, has impacted the precious metal's market dynamics. Meanwhile, other precious metals like silver, platinum, and palladium also saw declines.

The Economic Times

Global Market Today: Oil slips, Asian stocks rise on Iran optimism

Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development could reopen energy routes through the Strait of Hormuz. Investors are watching closely as negotiations are reportedly underway. Markets experienced volatility due…

The Economic Times

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Why Is Trump Trying To Purge Thomas Massie?

Plus: inflation surges, Mamdani claims he closed New York City’s budget gap without cutting services, and a listener asks how to develop political confidence

Reason

Price of beef and tomatoes hit record high as Americans struggle with rapid price increases on everyday goods

Consumers can find workarounds for summer grilling season - but these aren’t the only foods getting more expensive

The Independent UK

Property Tax Revolt Brewing: Home Values Up 27% Above Inflation Since 2020—Is Your State Next?

Homeowners across America are opening property tax notices and wondering how they are supposed to keep up. Even people who bought modest homes years ago...

Saving Advice

US stocks today: Nasdaq falls as technology stocks slide, Treasury yields climb

US stocks closed mixed as Nasdaq slipped due to profit booking and rising Treasury yields, while Dow edged higher. Oil prices surged on supply disruption fears but later eased after geopolitical comments. Energy stocks outperformed, Nvidia earnings are awaited, and Regeneron fell after a failed drug trial result.

The Economic Times

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Most Americans Report Economic Anxiety, Loss Of Relative Income: Poll

More than three-quarters of Americans say their income is not keeping up with inflation, according to a CBS News poll. Much of the country has high levels of stress and anxiety about the economy.

International Business Times

Social Security May 20, 2026 payments: Who gets SSA and SSI checks this week, and how much amid inflation?

Social Security May 20, 2026 payments are arriving this week for Americans born between the 11th and 20th. Many retirees, SSDI recipients, and SSI beneficiaries could receive over $2,000 after the latest SSA COLA increase. Some delayed retirees may even collect up to $5,181 monthly. Yet rising inflation, healthcare bills,…

The Economic Times

Keeping close watch on supply shock, impact on inflation: RBI Guv Sanjay Malhotra

The Reserve Bank of India is watching global uncertainties closely. Governor Sanjay Malhotra stated the RBI is monitoring supply shocks. The central bank will act if price increases become widespread. India's monetary policy remains neutral, allowing flexibility. The RBI aims for price stability while managing short-term volatility. Future policy decisions…

The Economic Times

Property Taxes Explode 27% Above Inflation: Women Homeowners Are Feeling the Squeeze – Here’s What’s Happening

For millions of Americans, owning a home was supposed to create stability and long-term wealth. Instead, many women homeowners are now facing a growing financial strain as property taxes rise far faster than inflation. Recent housing and tax data shows property tax growth in many areas has surged roughly 27%…

Budget and the Bees

US Social Security 2027 Cost-of-Living Adjustment Tied To Inflation Trends

Social Security benefits in the United States are expected to reflect ongoing inflation trends used in federal cost-of-living calculations for 2027, with reporting highlighting persistent price pressures across energy, housing and services.

International Business Times

Dollar Falls as Crude Prices Slide and Stocks Rebound

The dollar index (DXY00 ) fell from a 1.25-month high today and is down by -0.21%. The dollar gave up overnight gains today and turned lower after crude oil prices retreated following reports that the US proposed a temporary waiver of sanctions on Iran’s oil. Lower crude prices lower inflation...

Barchart

GIFT Nifty jumps nearly 1% after reports of US relief on Iran oil sanctions

GIFT Nifty rallied nearly 1% after reports indicated possible temporary US sanctions relief on Iranian oil exports. Hopes of additional crude supply eased inflation and energy shock concerns, lifting investor sentiment despite ongoing geopolitical tensions, volatile crude prices, rupee weakness, and uncertainty surrounding West Asia negotiations.

The Economic Times

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The Economic Times

US stocks today: US stocks trade mixed as Treasury yields ease, oil prices retreat

U.S. stocks were mixed in choppy trade as Treasury yields eased from recent highs and oil prices declined on easing supply concerns. Investors remained cautious amid inflation worries and rate hike bets, while AI-driven optimism and key earnings kept markets supported.

The Economic Times

The Iran war is now changing your Social Security check; here's the new 2027 COLA number

Social Security COLA update 2027: Gas prices in America have surged above $4.10 per gallon, up sharply from $3.17 last year, and the impact is now reaching Social Security checks. The latest inflation spike, fueled by global oil tensions and the Iran conflict, is increasing pressure on millions of retirees…

The Guardian - UK

Rising prices are Britons’ biggest money worry as inflation stays high, survey finds

Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel prices

The Economic Times

Is a deeper bond crash ahead? From Washington to Tokyo, governments are paying the highest borrowing costs in decades as global bond yields surge — why are investors dumping bonds?

Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tokyo, governments are now paying the most to borrow in a generation. The Iran war's energy shock is rewriting the rules of global finance — and the bill is only getting larger. The 10-year…

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The Economic Times

From milk to ACs, everyday essentials getting costlier as war fuels inflation

Indian households face rising costs for daily essentials. Fuel and commodity price hikes are pushing up prices for milk, packaged foods, and restaurant meals. Companies like Voltas, Blue Star, Amul, Godrej Consumer Products, Marico, Hindustan Unilever, and Asian Paints have already increased prices. Higher gold import duty also makes jewellery…

The Economic Times

Global bond rout deepens as Iran war drags on and underscores inflation fears

Global bond markets are experiencing significant losses as rising energy prices, fueled by the Iran conflict, ignite inflation fears. Investors now anticipate central banks worldwide, including the US Federal Reserve and European Central Bank, to hike interest rates. Japan's government debt issuance further strains finances, pushing JGB yields to record…

Evening Standard

Iran war hit to UK growth less than feared but inflation still to rise – IMF

The International Monetary Fund (IMF) updated its growth projections a month after warning of a sharp slowdown caused by the global energy shock.

Barchart

Stocks Set to Open Lower as Oil Rises Amid Iran Impasse, Nvidia Earnings and Fed Minutes Awaited

June S&P 500 E-Mini futures (ESM26) are down -0.41%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.30% this morning, pointing to a lower open on Wall Street as oil prices continue to rise amid the stalemate between the U.S. and Iran.

The Economic Times

New era begins: Warsh steps into Fed role; Prepares for inflation battle and potential rate hikes

Kevin Warsh assumes leadership of the U.S. Federal Reserve. This marks a new chapter for the central bank and President Trump. Warsh faces challenges including inflation and interest rate decisions. The Fed's balance sheet and future rate movements are key focus areas.

The Economic Times

German 10-year bond yield stays at 15-year high amid global bond rout

Global bond markets are experiencing a selloff. Investors are concerned about rising energy prices due to the Middle East conflict. This could fuel inflation and lead to further interest rate hikes. German 10-year bond yields have reached a 15-year high. Italian 10-year yields are also up. European Central Bank head…

The Guardian - UK

Oil prices rise and bonds wobble as Iran war stokes inflation fears

Trump warning over peace talks drives up crude price as UK gilts hit by uncertainty over Starmer leadership

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