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The Latest Breaking News from Inflation

Trump says Biden caused the economic downturn. That’s malarkey

The US president is blaming ‘Biden’s economy’. In fact, there is one key cause of the poor showing – and it’s not his predecessor

The Guardian - US

Bank of England poised to cut rates as fears grow over impact of Trump tariffs

Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go further

The Guardian - UK

Will the Federal Reserve ignore Trump and keep rates stable this week?

While the US Federal Reserve is still under significant pressure from the Trump administration to slash interest rates, some experts believe that rate cuts may not come for another few months at least.

Euronews

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FOMC, Earnings and Other Key Things to Watch this Week

The stock market rally powered higher last week, with the S&P 500 and Nasdaq composite moving above their 50-day moving averages, buoyed by strong earnings from Microsoft and Meta Platforms. Here are five things to watch this week in the Market.

Barchart

Bank of England set to cut interest rates as US tariff impact in focus

Most economists are expecting rates to be reduced by 0.25 percentage points on Thursday.

Evening Standard

Big Agnes Rapide SL Insulated sleeping pad review: a deep dish of a camping mat that's astonishingly comfortable, warm and packable

The updated Rapide SL oozes comfort and versatility across the seasons

Advnture

Should you be planning your retirement with the 30:30:30:10 rule?

This pension planning rule could help you to save enough regularly for future needs and retirement goals, especially in a rapidly changing tax and legal environment.

Euronews

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US Fed Expected To Pause Cuts Again And Wait For Clarity On Tariffs

The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy.

International Business Times

Eight Ways Retirees Can Have Fun Despite Rising Prices

Higher prices are a bummer for everyone, but if you're a retiree or on a fixed income, how do you still have a good time without breaking the bank?

Kiplinger

Inflation, Hotel Prices Curtail Japanese 'Golden Week' Travels

Japan's annual "Golden Week" holiday period gets into full swing Saturday, but inflation and hotel prices sent soaring by record inbound tourism have left domestic travellers less eager to pack their bags.

International Business Times

Defense budget increase hinges on reconciliation success - Roll Call

The White House made official Friday that President Donald Trump wants the first ever $1 trillion defense budget.

Roll Call

Four major issues that will dictate Australia’s election on Saturday

The election campaign has been dominated by the soaring cost of living, the economy, energy and China

The Independent UK

Eurozone Inflation Holds Above Expectations In April

Inflation in the eurozone remained unchanged in April, staying higher than analysts expected, official data showed on Friday, but was unlikely to sway the European Central Bank from its interest rate-cutting cycle.

International Business Times

Eurozone inflation tops expectations: ECB rate cuts in jeopardy?

Eurozone inflation surged more than expected in April, as the impact of trade tariffs began to reverberate through the consumer basket, posing a fresh challenge for the ECB.

Euronews

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The Conversation

Whether GDP swings up or down, there are limits to what it says about the economy and your place in it

The Bureau of Economic Analysis released the latest U.S. gross domestic product data on April 30. In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the pace at which the total value of goods and services grows or shrinks. Together with…

The Independent UK

Asian shares rise in subdued holiday trading, as US futures jump

Asian shares have advanced, with many markets in the region closed for holidays, after U.S. stocks stormed back from steep early losses to a seventh straight day of gains

The Conversation

Major YouGov poll has Labor easily winning a majority of seats in election

A YouGov MRP poll has Labor clearly winning a majority of seats in the federal election – 84 of the 150 seats in the House of Representatives.

Fortune

Microsoft CEO Satya Nadella says software is the 'most malleable resource' to combat 'any type of inflationary pressure'

All three of Microsoft’s businesses beat the company’s internal guidance amid an uncertain economic climate.

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Roll Call

Trump bets big on major corporations as Democrats pan 'whipsaw' first 100 days - Roll Call

President Trump's Wednesday speech showed just how much he is betting on executives to put their money where their profit-driven mouths are.

Fortune

Trump slams Powell again, claiming he knows ‘much more than he does about interest rates’

“I have a Fed person who is not really doing a good job,” the president said at a rally.

The Guardian - AU

By getting tangled up on inflation and exaggerating numbers, Peter Dutton has blown the opportunity he was handed

Cost-of-living problems are real – there’s no need for the Coalition to use even bigger numbers

The Independent UK

US inflation cools, consumer step up spending, as Americans brace for tariff impact

A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented

Reason

You Will Work in the Factory and You Will Like It

Plus: Amazon vs. Trump, RFK Jr. gets in trouble, and more...

Kiplinger

Why I Think You Should Buy Stocks to Cope with Inflation

What's the best way to protect your investments when inflation rises and the value of the dollar falls? Surprisingly, the answer may lie in buying stocks.

Evening Standard

Taylor Wimpey sees lower profit margins amid return of inflation

The house builder said it had seen ‘the return of a low level of build cost inflation’ in the opening months of this year.

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