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The Latest Breaking News from Inflation

Stock Market Today: Stocks Rise After Powell Repeats Rate-Cut Message

The main indexes closed higher after Fed Chief Powell stuck to his script on inflation and interest rates in today's congressional testimony.

Kiplinger

South Korea February Inflation Accelerates Due To Supply Pressures

Learn about South Korea's rising inflation due to global commodity price surge and supply chain disruptions in February.

Top News

Cencosud Profits Drop 42% Due To Argentine Inflation

Cencosud's profits decline by 42% in Argentina due to high inflation and weak consumer spending.

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Biden to challenge GOP on lowering costs in State of the Union address - Roll Call

President Biden will tout his “decisive action” on the economy during his State of the Union address, a White House official said.

Roll Call

Slowing economy can't be ignored in budget: Chalmers

The treasurer says the upcoming federal budget will be a balancing act between fighting inflation and addressing a slowing economy.

AAP

Powell Signals Potential Interest Rate Decrease Amid Economic Uncertainty

Powell addresses economic uncertainty and the Fed's stance on interest rates and inflation and providing insights on monetary policy.

International Business Times

US Fed's Progress Against Inflation 'Not Assured': Powell

The US Federal Reserve's progress in bringing down inflation is "not assured," the chair of the country's central bank told lawmakers in Washington Wednesday, on the first of two days of hearings in Congress.

International Business Times

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Bank Of Canada Maintains Rates, Postpones Consideration Of Cut

Bank of Canada opts to keep interest rates steady, citing economic resilience and stable inflation. Monitoring global uncertainties closely.

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Global Markets Mostly Higher After Tech Stock Tumble

Global markets rebound after Big Tech stock decline. Oil prices rise. Key events include UK Spring Budget and Fed Chair Powell's testimony.

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Federal Reserve Faces Tough Decisions Amid Economic Uncertainty

Federal Reserve's upcoming rate cuts and economic concerns amidst inflation and political debates.

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Budget 2024: key points at a glance

Jeremy Hunt has announced his financial update – here are the main points, with political analysis

The Guardian - UK

Inflation reached double-digit growth in Congress regime, our govt contained it below 5%: Amit Shah

Mumbai Union Home Minister Amit Shah praises government's economic progress, aims for self-reliant India in 2047.

The Hindu

Britain Set For Tax-cutting Budget Before Election

Britain's Conservative government is on Wednesday expected to use a budget update to unveil tax cuts for millions of workers, in an attempt to woo voters before a general election.

International Business Times

Budget in five charts: what will underpin Jeremy Hunt’s statement?

Falling inflation and so-called fiscal headroom will guide a chancellor keen to heed calls from Tories for tax cuts

The Guardian - UK

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StockNews.com

Should Stock Investors Be Scared by Recent Sell Off?

Most everyone knows the famed motto of the news business that “fear sells”. Well that is also true in the investment media where a scary headline about stock declines is going to get more eyeballs than one that talks about gains. So, its good to ponder if investors truly should…

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President Biden To Address Efforts To Lower Costs For Families

President Biden to address economic challenges and relief measures in upcoming speech, addressing concerns on inflation impact and financial well-being.

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Nasdaq Leads Wall Street Lower As Megacaps Slide

Tech-heavy Nasdaq's decline due to megacaps' stock drop influenced by inflation and global tensions.

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Philippine Inflation Accelerates In February After Five-Month Decline

Philippine inflation rose to 4.2% in February driven by higher food prices, but remains manageable within the central bank's target range. Government and c...

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Mexican Inflation Expected To Decrease In February

Learn about the expected deceleration of Mexican inflation in February and its positive impact on the economy.

AAP

Economy hit by 'dastardly duo' of rates and inflation

Australia's economy grew very little last quarter but the result was broadly in line with forecasts and unlikely to change the outlook for interest rates.

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Former President Trump Addresses Inflation Concerns In Diner Visit

Former President Trump addresses inflation concerns and outlines plans to combat it through energy production, emphasizing support from diner patrons.

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President Biden Launches Strike Force Against Price Inflation

President Biden's new strike force targets price inflation by holding companies accountable and reducing costs for consumers.

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Toronto Market Closes Lower Due To Energy Stock Decline

Toronto Stock Exchange declined as energy shares fell, while materials sector gained. Market outlook influenced by oil prices, inflation concerns, and gold...

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Jpmorgan Updates Turkey Rate Hike Forecast After Inflation Surge

JPMorgan revises rate hike forecast in Turkey due to inflation surge, raising concerns about economic stability.

International Business Times

Germany Braces For Fresh Rail, Air Travel Strikes

Germany braced for more travel misery after unions on Monday called for renewed walkouts at Lufthansa and rail operator Deutsche Bahn, amid escalating rows over inflation-busting pay rises.

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