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The Latest Breaking News from Inflation

Bank of Canada may trail Fed rate cut as wage growth heats up

Learn why the Bank of Canada might delay rate cuts while focusing on strong wage growth, providing insightful analysis on the country's economy and inflation.

Top News

UK inflation: which goods and services have changed most in price?

From food, alcohol and tobacco to fuel prices and holidays, how the cost of everyday items varies

The Guardian - UK

UK inflation rise complicates outlook on interest rates

Surprise increase is blow to Bank of England’s fight against rising prices – but could be followed by falls

The Guardian - UK

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Davos day two: Argentina’s Milei claims the western world is in danger from socialism – as it happened

Rolling coverage of the second day of the World Economic Forum’s annual meeting in Davos

The Guardian - UK

Markets Fall On Dimming Rate Cut Hopes, China's Torpid Growth

Asian markets fell further Wednesday as hopes for an early interest rate cut by key central banks faded and data confirmed China's economy last year grew at its slowest pace in more than three decades.

International Business Times

Annual rate of inflation rises for the first time since February

Shock acceleration in cost of living increases could delay the start of interest rate cuts by the Bank of England

Evening Standard

UK inflation unexpectedly rises as cost of tobacco and alcohol increases

Surprise uptick to 4.0% complicates forecasts of interest rate cut, while FTSE slumps to 1.5%

The Guardian - UK

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Widening Wealth Gap: World's First Trillionaire Predicted in a Decade as the Poor Gets Poorer

The world's billionaires have collectively become £2.6 trillion richer since 2020, growing their wealth at a rate three times faster than inflation.

International Business Times UK

Stock of the Week Under $10: Vivid Seats (SEAT)

It’s not headline news anymore, because we saw it constantly in 2023, the concert market…aka Taylor Swift…is strong and shows no signs of weakening. As inflation eases and consumers find themselves with a little more disposable income, this market should continue to see a bright future. One company that is…

StockNews.com

RBI Chief: India's Inflation Nearing 4% Target

The Reserve Bank of India (RBI) Governor has stated that inflation in India is gradually moving towards the central bank's target of 4%.

Top News

US Fed 'Within Striking Distance' Of Inflation Target: Official

The US Federal Reserve is "within striking distance" of reaching its long-term inflation target and could begin cutting interest rates this year, a senior official said Tuesday.

International Business Times

BT scraps above-inflation price rises for mobile and broadband customers

UK’s mobile and broadband firms were accused of ‘greedflation’ last year by the Guardian

The Guardian - UK

Traders Reduce March Rate Cut Bets Following Waller's Speech

Traders are revising their expectations for a rate cut in March following a speech by Waller, prompting them to pare their bets. Find out more here.

Top News

Fed official: US nears inflation target, says Waller

In a recent statement, Federal Reserve representative Christopher Waller expressed optimism about the US economy's progress towards achieving its inflation...

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Evening Standard

Inflation takes centre stage as City braces for clues on Bank of England interest rate cut

Shock acceleration in cost of living increases could delay the start of interest rate cuts by the Bank of England

The Guardian - UK

UK pay is rising, but Bank of England is still expected to cut interest rates

Outlook for employment looks weak enough to convince even hawkish policymakers to lower rates

Top News

Canada's Inflation Hits 3.4% in December, as Expected

Canada's inflation rate for December meets expectations at 3.4%, indicating a significant increase in consumer prices.

Top News

Canada's December Inflation Hits 3.4%, Meets Expectations

Canada's inflation rate for December has risen to 3.4%, which is in line with expectations. This article provides an informative overview of the latest eco...

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Salon

Biden hurt by the micro-insults economy

The economy continues to improve on Biden’s watch, but many people are still irritable — and for good reason

International Business Times

Why The Fed Could Declare Victory On Fighting Inflation Sooner Rather Than Later In 2024

While more data is needed to reach a definite conclusion on the direction of inflation, there are a few reasons why the nation's central bank may declare victory against inflation and begin cutting interest rates.

International Business Times

Stock Markets Down As Traders Fret Over Rate Cut Outlook

With Wall Street closed Monday for a holiday, there were few catalysts to drive buying, while analysts warned investors might have overdone their optimism about how much the US central bank will loosen monetary policy this year.

The Guardian - UK

UK pay growth slows as inflation pressure weakens

Vacancies tumbled at fastest rate on record in December, according to ONS figures

Latin Times

President Maduro Expects 8% Economic Growth In 2024 After 5% Increase Last Year

Maduro assured that the inflation will be two digits this year, adding that state oil company PDVSA contributed $6.23 billion to Vanezuela's coffers in 2023.

Top News

German inflation surges to 3.8% in December: Economic analysis

German inflation has surged to 3.8% in December, reflecting increasing costs for energy and food. This development could impact the country's economy and c...

International Business Times

Asian Markets Down As Traders Fret Over Rate Cut Outlook

Asian stocks ticked lower Tuesday as Middle East concerns overshadowed hopes for an early Federal Reserve interest rate cut, with traders now awaiting the release of key data out of China and the United States later in the week.

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