The Latest Breaking News from Inflation

The stock market could be on shakier ground with the increasing probability of higher-for-longer interest rates and concerns about how long the economy can maintain its resilience. Hence, top inverse bond ETFs ProShares UltraShort 20+ Year Treasury (TBT), Direxion Daily 20+ Year Treasury Bear 3x Shares (TMV), and ProShares Short…

America’s employers likely kept hiring at a healthy pace last month, defying high interest rates, rising pressure on consumers and labor strikes that idled big swaths of the nation’s auto industry

Olive oil is continuing its staggering rise in prices in Europe

A perfect storm of scarcity, inflation, and pandemic savings have pumped up the prices of super-luxe bags. Young shoppers are diving into the market.

The Bank of England kept its main interest rate unchanged at the 15-year high of 5.25% and indicated that borrowing costs will likely remain at these sort of elevated levels for a while yet especially if oil and gas prices increase sharply in light of the conflict between Israel and…

The number of Americans applying for jobless benefits inched up last week but remains low by historical standards, even with the Federal Reserve’s aggressive interest rate hikes meant to cool the economy and taper lingering inflation

In exclusive article for the Standard the Bank of England Governor warns there is still a long way to go in the fight against inflation

With a weak economic outlook and shrinking inflation the Bank risks leaving rates too high for too long

Interest rates left unchanged at 5.25% as Bank signals 50-50 chance of recession by mid-2024