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The Latest Breaking News from Inflation

ECB Aims for Rate Cut as Next Policy Move: de Cos

The European Central Bank (ECB) is confident that its next move will be a rate cut, according to remarks made by de Cos. Stay informed on ECB policy changes.

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Eurozone Consumers Lower Inflation Expectations: ECB Survey

Euro zone consumers have reduced their expectations for near-term inflation, according to a survey conducted by the European Central Bank (ECB).

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Australia's Central Bank Dismisses Taylor Swift Inflation Concerns

The Reserve Bank of Australia dismisses concerns of Taylor Swift inflation after a surge in consumer spending following the pop star's recent concert tour ...

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BOJ anticipates policy shift by April, aided by wage outlook

Discover how the Bank of Japan (BOJ) is set for a policy shift by April, aided by positive wage outlook, leading to potential economic growth in Japan.

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Philippine Central Bank Maintains Hawkish Stance amidst Slower Inflation

The Philippine central bank remains cautious about inflation, maintaining an aggressive stance to control rising prices despite a slight slowdown in inflation.

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Confidence grows in Newcastle property market amid predictions of rate cut

'A lot of buyer and sellers were sitting on their hands'.

Newcastle Herald

Australia's Central Bank Holds Rates, Warns of Possible Hike

The Reserve Bank of Australia has decided to keep interest rates on hold but cautions that the possibility of a future rate hike remains on the table.

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RBA leaves official interest rate on hold fuelling hopes mortgage repayment pain has peaked

Reserve Bank leaves cash rate at 4.35% at its first board meeting of 2024 in a move that was widely anticipated by economists as inflation eases

The Guardian - AU

In Pakistan, old hopefuls jostle to turn around struggling economy

New gov’t will have to deal with soaring inflation, increasing poverty, low forex reserves and weakening infrastructure.

Al Jazeera

Grant money to support urban forests, greenspaces in Kentucky’s underserved communities

The money comes from the USDA and 2022’s Inflation Reduction Act, and is being awarded by the Kentucky Division of Forestry.

WEKU

Fieri goes on Fox to talk inflation

"The dollar isn't going as far as it once was"

Salon

Brazil's GDP to grow over 2% as inflation converges at 3% - Lula

Learn about Brazil's economic forecast as former president Lula states that the country is estimated to see GDP growth over 2% and inflation converging to ...

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'Nothing's in, nothing's out': RBA keeps options open

The Reserve Bank kept interest rates on hold this month but needs to be convinced it's done enough on inflation before considering cuts to the key cash rate.

AAP

Turkey's Central Bank Faces Leadership Shakeup Amid Economic Challenges

Learn about the recent shakeup in Turkey's central bank leadership and its implications for the country's struggling economy.

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The Guardian - AU

Why insurance premiums are squeezing Australians and fuelling inflation

Insurance increases are in the double digits and while costs have been rising, some insurers are increasing their margins

Kiplinger

Why You Shouldn’t Ignore Investing in Commodities

Investors can help reduce risk, hedge against inflation and diversify their portfolio by investing in commodities, such as gold, silver and copper.

International Business Times

OECD Ups World Growth Forecast But Sees Middle East 'Risk'

The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices.

The Guardian - UK

Central banks must beat inflation before cutting interest rates, says OECD

Organisation revises global outlook but warns it may be too soon to know if price pressures are contained

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International Business Times

Turkey's January Inflation Piles Pressure On Central Bank

Turkey's annual inflation rate stayed stable in January at nearly 65 percent, but month-on-month consumer price increases jumped sharply following a huge minimum wage hike, official data showed Monday.

The Guardian - UK

UK services sector posts fastest growth in eight months; Fed’s Powell urges prudence on interest rate cuts – as it happened

Rolling coverage of the latest economic and financial news, as pound hits lowest level since December

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Thai Inflation at 3-Year Low: Commerce Ministry

The Thai economy experiences its lowest inflation rate in almost three years, according to the commerce ministry, indicating stability and positive economi...

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Egypt's Non-Oil Business Contracts in January Due to Inflation

Inflation and the Gaza conflict have caused a contraction in non-oil businesses in Egypt in January, according to the Purchasing Managers' Index (PMI).

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Turkey's new central bank governor to implement tight monetary policy

Turkey's new central bank governor aims to implement a tight monetary policy in order to curb inflation, signaling a commitment to stabilizing the economy.

Reason

The Bankruptcy of Bidenomics

Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.

International Business Times

Economists Pilloried For Getting Forecasts Wrong

Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.

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