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The Latest Breaking News from Inflation

Gen Z Rejects Trump On Inflation, But Reports Better Finances Than Older Generations: Poll

About 30% of Americans under 30 say their financial situation has worsened in the past year, while 27% say it's improved. Though that improvement number may seem small, Gen Z members were more likely than older generations to report better finances in the last year.

International Business Times

Consumer confidence slides amid household bill hikes and ‘Trump Tariffs’

GfK’s long-running Consumer Confidence Index fell four points in April to minus 23, led by an eight-point fall in expectations for the wider economy.

Evening Standard

Physician spending trends in Canada: Why increased costs may not mean more primary care services

Access to physician services remains a challenge in Canada, particularly in primary care. Though this reality has been often eclipsed by the tariffs issue during the 2025 federal election, it continues to be a fundamental concern for Canadians.

The Conversation

From analysis to the latest developments in health,
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Trump Should Be 'Free' To Criticize The Fed, Senior Official Says

President Donald Trump should be free to voice his opinion about the US Federal Reserve, a senior bank official said Thursday, while defending the central bank's independence to tackle inflation.

International Business Times

Magnum and Ariel makers say prices may rise further amid tariff pressures

Unilever and Procter & Gamble indicate more increases could be on way as Trump policy affects ingredient costs

The Guardian - UK

Slower growth looms over Eastern Europe as reform urgency rises

Slower growth looms over Eastern Europe and Central Asia as inflation, weak external demand, and structural inertia take hold. The World Bank urges bold reforms to unlock productivity and avoid the middle-income trap.

Euronews

Trump’s an unstable bully – but it’s hard to defend the economic orthodoxies he is attacking

With Rachel Reeves in the US, some clarity is needed: the global economy has been mismanaged and the Federal Reserve does deserve criticism, says Guardian columnist Larry Elliott

The Guardian - UK

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Richard Branson says Trump’s tariffs messed up a promising economy: ‘Everything was going so bloody well up to about three months ago’

The billionaire entrepreneur sees Trump’s hard-line trade policies as reflecting the views of a “fairly small elite [group] of people around” him.

Fortune

Eurozone economy stalls in April as tariffs rattle services activity

Eurozone economy stagnates in April as trade tensions drag services sector into contraction. PMI data show Germany's resilience in manufacturing, while France's downturn deepens. Easing inflation pressures may support ECB rate cuts

Euronews

Donald Trump says he has 'no intention of firing' Fed chair Jerome Powell

The US President confirmed that he has no plans to fire the Chairman of the Federal Reserve Jerome Powell. It follows his previous statement about wishing to terminate Powell's mandate, which caused market turmoil.

Euronews

Trump says he has no plans to fire Fed chief Jerome Powell after calling him a ‘major loser’

President says tariffs on China could be lowered days after lashing out over bank’s reluctance to cut interest rates

The Guardian - US

IMF Report: Trump Trade War Will Hurt Both U.S. and Global Economies

Predictions for U.S. and global economic growth are down since January.

Reason

Dollar Rebounds on US Trade Deal Optimism

The dollar index (DXY00 ) Tuesday rose by +0.65%. The dollar rallied moderately Tuesday and rebounded from Monday's 3-year low. Short covering emerged in the dollar Tuesday on trade deal optimism after US trade negotiators said they have made "significant progress" toward a bilateral trade deal with India following talks...

Barchart

Where will tariffs and inflation stand a year from now? Fitch's chief economist outlines a worrisome prediction

A top economist lays out the economic fallout from Trump's tariff war.

Fortune

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The Independent UK

Interest rates are set to go down in the UK next month - here’s why

Interest rates are likely to go down next month - but much could yet be decided by how fast the issues around tariffs are resolved

Beating Broke

The Ultimate Frugal Shopping List for People Who Always Forget The Essentials

Today, it’s even harder to be frugal when grocery shopping, especially with inflation. According to the Economic Research Service, grocery prices have risen by more than 23% from 2020 to 2024. If you want to save on groceries, you have to be strategic. You’ll also need to go to the…

Barchart

Dollar Recovers on US Trade Deal Optimism

The dollar index (DXY00 ) today is up by +0.32%. The dollar today is rebounding higher from Monday's 3-year low. Short covering emerged in the dollar today on trade deal optimism after US trade negotiators said they have made "significant progress" toward a bilateral trade deal with India following talks...

International Business Times

World Could Boost Growth By Reducing Trade Doubt: IMF Chief Economist

Policymakers should find a way to reduce the uncertainty over trade policy kicked up by Donald Trump's tariff plans in order to boost global growth, the International Monetary Fund's chief economist said in an interview.

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Evening Standard

Trump tariffs chaos will blow huge hole in US economy and hit UK hard, says IMF in damning report

‘The US effective tariff rate surged past levels reached during the Great Depression,’ say the leading economists

The Guardian - US

Tariffs will raise prices. But the climate crisis is the real inflation risk

As temperatures rise and countries back off their decarbonization efforts, we must confront a reality central banks can’t correct

The Independent UK

Bank of England rate-setter says US tariffs likely to push down on inflation

Megan Greene was speaking weeks ahead of the Bank’s next monetary policy meeting, where it is expected to cut interest rates.

Evening Standard

Pound hits seven-month high against dollar amid US stock market turmoil

Trump has urged the Fed lower interest rates immediately

Euronews

Is Donald Trump threatening the US Federal Reserve’s independence?

US president Donald Trump has been increasingly calling for the Federal Reserve to lower interest rates, claiming that there is "virtually no inflation", as energy and grocery prices continue to decrease considerably.

Evening Standard

Scottish Water staff strike over pay dispute

A spokesman for the publicly-owned utility company said the pay offer is ‘above inflation’.

Fortune

Even fellow critics of the Federal Reserve want Trump to back off Powell as stocks and the dollar both slide

When politics interferes with the central bank’s ability to set monetary policy, inflation tends to be the result.

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