The Latest Breaking News from Inflation

Markets surge on relief that bond yields are falling, while gas prices jump following reports that damage to Finland-Estonia pipeline could be deliberate

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

Two Federal Reserve officials suggested that the central bank may leave interest rates unchanged at its next meeting in three weeks because a surge in long-term interest rates has made borrowing more expensive and could help cool inflation without further action by the Fed

The 10-year T-note yield last Friday posted a 16-year high of 4.885% and is up more than +100 bp this year. Elevated U.S. consumer prices and a surprisingly strong labor market have bolstered expectations for the Fed to keep interest rates higher for longer. Resilient demand in the U.S. economy...

Experts warned that economic conditions and young people’s expectations could fuel demand that pushes prices even higher.

Summer numbers from the Consumer Price Index showed auto repair costs jumped nearly 20 percent in the previous year alone.

December S&P 500 futures (ESZ23) are down -0.59%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.68% this morning as the military conflict in the Middle East dampened risk appetite, while market participants looked ahead to the release of U.S. inflation data and the minutes of the Federal Reserve’s…

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

Report says threat of recession looming amid fall in employment, business optimism, and output