The Latest Breaking News from Inflation

Big bank changes RBA rate call as cost pressures ease

Slowing economic activity and softer price growth could convince the Reserve Bank to keep rates on hold, with inflation pressures weaker than initially feared.

AAP · Jun 9

Silver prices fall Rs 2,500/kg, gold at Rs 1.54 lakh/10 gm as investors assess Israel-Iran war tensions. What should you do?

Gold and silver prices opened lower on MCX Tuesday, influenced by a fragile Israel-Iran ceasefire and inflation concerns. Traders are closely watching Middle East developments and the prospect of higher interest rates. International spot gold remained steady, while silver saw a decline

The Economic Times · Jun 9

Indian economy, government finances, see mounting costs from Iran war

India's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer, disruptions to supply and elevated prices are impacting growth, inflation, and government finances. The central bank's ability to manage these shocks is increasingly difficult.

The Economic Times · Jun 9

Two million set to be unemployed as growth falters in UK economy

The Middle East conflict is a key factor in the negative forecast

The Independent UK · Jun 8

Growth to slow and unemployment to jump to two million, says CBI

The Confederation of British Industry warned that around 200,000 more Britons were on track to become unemployed.

The Independent UK · Jun 8

Goldman Sachs Sees Fed Holding Rates Until 2027 After Strong Jobs Report

Goldman Sachs has pushed its forecast for the Federal Reserve's next interest rate cuts into 2027, a move that shows how a stronger-than-expected U.S. labor market is reshaping Wall Street's view of the economy and monetary policy.

International Business Times · Jun 8

Consumer Staples Stocks Are No Longer a Recession-Proof Haven Amid High Inflation. Just Look at the PBJ ETF.

In the old tactical playbook for a top-heavy, late-cycle market regime, one of the rules is “when growth gets risky, hide out in the consumer staples sector.” Well, the 20th century stock market called. And it wants its playbook back.

Barchart · Jun 8

Nasdaq Leads as Chip Stocks Bounce: Stock Market Today

Semiconductor stocks rebounded sharply on Monday, with Intel and Micron leading chipmakers higher.

Kiplinger · Jun 8

Are Grocery Prices Ever Going Back Down? What Shoppers Should Expect

The question on every shopper’s mind is whether we will ever see grocery prices return to where they were a few years ago. Economic experts generally agree that a total return to those past prices is highly unlikely in the near future. While the rate of inflation has slowed down,…

Grocery Coupon Guide · Jun 8

Why is the US stock market rallying big today? Dow Jones, S&P 500 and Nasdaq surge on AI boom — Nvidia and Intel jump as Nasdaq significantly outperformed both the Dow and S&P

US Stock Market Rallies Monday as Tech Leads Rebound After Friday's Selloff: The Dow Jones Industrial Average climbed above 51,000. The S&P 500 advanced nearly 1%. The Nasdaq gained more than 1.5%, leading the rebound. Intel soared 11% on a major Google AI chip order, while Nvidia and Micron climbed…

The Economic Times · Jun 8