The Latest Breaking News from Inflation

Economists talk of Taylor Swift effect on prices, but say Bank of England is likely to be more worried about sticky services inflation

Rate cut seen in September rather than August as service sector inflation looks sticky

‘Taylor Swift effect’ on hotel prices partly blamed for UK inflation defying forecast drop

Indian capitalism started in the textile mills of Mumbai – which were built in areas such as Byculla, Worli, Prabhadevi, Lower Parel, Parel, and Dadar – all located in what is now known as central Mumbai.

Equities and the dollar were rangebound Wednesday while gold hit a fresh record as expectations for a US interest rate cut played up against the prospect of another Donald Trump presidency that analysts say could see inflation-fuelling tax cuts and tariffs.

To the relief of mortgage holders, headline inflation has fallen to 3.3 per cent in New Zealand, within sight of the Reserve Bank's target band.

The dollar index (DXY00 ) Tuesday rose by +0.08% on stronger-than-expected US retail sales and import price reports. The dollar also has support from the improved chances that Donald Trump will win the presidential election in November, as Trump’s tax-cut and trade policies are seen as inflationary and hawkish for...

Vance personally opposes abortion in nearly all instances but his position on how policy should inform the issue has flip-flopped

Australia can expect lacklustre economic growth into early next year, with small businesses particularly vulnerable to sour economic conditions.

Plans to hike tariffs, tighten immigration and cut taxes are likely to crimp growth and fuel inflation, experts say.

The IMF held global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead.