The Latest Breaking News from Inflation

Global credit rating agency says further deterioration in Israel-Hamas war could raise oil prices with knock-on effect for inflation

Yes, inflation is a tax on incomes, finds NYU’s Edward Nathan Wolff, but it also shrinks debt and can boost asset value, like that of homes.

Inflation-linked increase next year would be ‘final nail in the coffin’ for many businesses, trade bodies warn

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.78%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.85%. Stocks this morning are moderately lower on the risks...

Brian Moynihan, the CEO of Bank of America, said although consumers are buying less, some families are beginning to spend more than they're bringing in.

December S&P 500 futures (ESZ23) are trending down -0.45% this morning as uncertainties lingered in the Middle East, and investors weighed the possibility of further rate hikes by the Federal Reserve while eagerly awaiting earnings results from U.S. heavyweights Tesla and Netflix.

Most forecasters do not expect a cut for another year

December S&P 500 futures (ESZ23) are trending down -0.34% this morning as uncertainties lingered in the Middle East, and investors weighed the possibility of further rate hikes by the Federal Reserve while eagerly awaiting earnings results from U.S. heavyweights Tesla and Netflix.

From sugar to butter and transport to holidays, how the cost of everyday items varies

London house price falls second highest in UK

The average UK house price was £291,000 in August 2023, which was little changed from 12 months earlier, the Office for National Statistics said.