The Latest Breaking News from Inflation

Global economic body weighs in on Australian rate rises

The OECD expects Australia's economic growth rate to slow to 1.8 per cent in 2027, which might require the Reserve Bank to lower interest rates.

AAP · Jun 3

OECD warns prolonged Middle East war could sharply slow global growth

The global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues into next year. A prolonged conflict could significantly slow global growth. Asian nations heavily reliant on Middle East energy supplies are expected to face the biggest impact.…

The Economic Times · Jun 3

EBRD lowers growth forecast as Iran war energy shock continues to hit economies

Economic growth across the European Bank for Reconstruction and Development's regions is expected to slow more sharply than previously forecasted this year, largely due to inflation rising to 6.4% due to the Iran war, which has pushed up energy prices.

Euronews · Jun 3

Global Market: BoE Governor Bailey stresses need to restore inflation credibility as price risks persist

Bank of England Governor Andrew Bailey emphasized maintaining public confidence in the 2% inflation target, rejecting calls to raise the goal despite current inflation exceeding projections. While acknowledging geopolitical impacts, he noted potential for energy shocks to be less persistent than feared, as market expectations for rate hikes remain cautious.

The Economic Times · Jun 3

Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly income

An investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The expert outlines a goal-based framework, recommending a balanced 60% equity and 40% debt allocation for retirement and a more growth-oriented mix for long-term wealth creation

The Economic Times · Jun 3

Australia’s economy slows as households tighten their belts, while AI investment surges

Australia’s economy grew by 0.3% in the first three months of 2026, slowing from 0.9% growth at the end of 2025, according to the latest Australian Bureau of Statistics figures.

The Conversation · Jun 3

Best large cap mutual funds to invest in June 2026

Amidst market volatility, advisors recommend large cap mutual funds for conservative investors seeking safer equity investments. These funds, mandated to invest in top 100 companies, offer inflation-beating returns with lower risk. While some schemes have faced recent underperformance, long-term potential remains, with specific funds highlighted for June 2026.

The Economic Times · Jun 3

Gold eases on stronger oil as fresh Mideast hostilities erupt

Gold prices dipped on Wednesday as escalating Middle East tensions fueled crude oil gains, intensifying inflation and interest rate hike concerns. Renewed Gulf hostilities and stalled diplomacy between Washington and Tehran contributed to the market's unease. Investors now await key U.S. employment data to assess the Federal Reserve's next monetary…

The Economic Times · Jun 3

Iran fires missiles and US strikes Iran facility after reports of faltering peace talks

The U.S. military says Iranian missiles fired at Kuwait and Bahrain failed or were shot down, and says the U.S. launched strikes on an Iran facility in response

AAP · Jun 3

AAP Rolling News Bulletin June 3, 1030

AAP Rolling News Bulletin for June 3 at 1030

AAP · Jun 3