The Latest Breaking News from Inflation

Physical lumber prices have recovered after a significant Q2 decline as the market expects lower inflation to lead to falling short-term interest rates. However, the peak construction season will be in the rearview mirror in the coming months, so the wood futures market may have to wait until spring 2025…

Governor Michele Bullock makes clear that any expectation of rate cuts this year ‘not aligned’ with bank’s present thinking

The Reserve Bank of Australia has kept interest rates steady and tempered expectations of imminent cuts, warning inflation remains "too high".

Markets on Wall Street and around the world are in a mini-panic

“It’s the market’s job to react and the Fed’s job to act.” said Chicago Fed president Austan Goolsbee. “And one of those moves with a lot more volatility than the other.”

Tasty nightclub was controversially raided by Victoria police 30 years ago. How are those who were there that night marking such a dark anniversary? They’re throwing a big camp party

A few reasons to remain calm about the economy

US economy faces concerns of a hard landing with rising unemployment and inflation, posing challenges for policymakers and financial stability.

Global inflation rates are falling, prompting central banks to consider interest rate cuts. Federal Reserve in the US yet to act amidst market speculation.