The Latest Breaking News from Inflation

The chancellor will have good news to pass on this week. But he knows the cost of living crisis may not be over yet

While a drop in food inflation might be welcome in the weekly supermarket shop, what does it mean for the cost of eating out? Hannah Twiggs speaks to the restaurateurs surviving against the odds who say it’s more complicated than you might think

Dimon said the deficit isn’t going to be a calamity anytime soon, but it’s making inflation worse and could prompt financial markets to force tough choices later.

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.06%. US stock indexes settled mixed on Friday as they consolidated just below this week’s...

The dollar index (DXY00 ) on Friday fell by -0.01%. The dollar was under pressure Friday on dovish comments from Atlanta Fed President Bostic, who said if the outlook unfolds as he expects, “it will be appropriate to cut interest rates this year.“ Friday’s weaker-than-expected report on US Apr leading...

Chancellor seems to cherrypick data as he tries to outline how the Tories have got the country back on its feet

Quantitative tightening is the Fed’s process of reducing its balance sheet. After purchasing debt securities during and after the 2020 global pandemic, the U.S. central bank has allowed those purchases to roll off its balance sheet since March 2022. At the early May FOMC meeting, the Fed told markets it…

The JPMorgan boss believes official data is not sufficiently reflecting price pressures that are in the pipeline but have yet to manifest.

US Fed's plans of interest rate cuts and market expectations of a "soft landing" could be at stake as wholesale inflation data for April notches up.