The Latest Breaking News from Inflation

Fastest growth in 18 months as GDP expands by better-than-expected 0.3% in Q1 2024, after two quarters of contraction

France, Spain, Germany and Italy helped by lower inflation and prospect of interest rate cuts

The weakness of the Japanese currency is back in the spotlight after sinking to its lowest level since April 1990.

Prices in non-food stores are lower in April than a year earlier as stores offload summer stock

Oil prices fluctuated due to U.S. inflation concerns, impacting the GLOBAL-OIL index and market stability.

The effort should be to mitigate the transitional risks to the financial system as the economy moves towards a sustainable future

The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a recent uptick in inflation that has sharply cut the chance of a summer start to interest rate cuts.

The government expects food prices to come down after rains, as the India Metrological Department (IMD) has predicted above-normal monsoon, the finance ministry said in its recent monthly economic review. Read further on Dynamite News:

Sort of: this week will see inspections of some goods. But the hit to businesses and inflation will be inescapable

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.65%. US stock indexes rallied Friday, with the S&P 500 posting a 1-1/2 week high...

The dollar index (DXY00 ) on Friday rose by +0.37%. The dollar on Friday recovered from a 2-week low and rose moderately. The dollar strengthened Friday as stronger-than-expected US economic reports on Mar personal spending and Mar core PCE deflator were hawkish for Fed policy and may further delay rate...