The Latest Breaking News from Inflation

UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting

The news will almost certainly encourage the Bank of England to raise interest rates even further

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.18%. Stocks on Monday settled mixed. The strength in chip...

As inflation remains stagnant and the ECB mulls another rate hike, EU members are split on a policy requiring smaller budget deficits.

The Canadian government issued a one-time grocery rebate in July, targeted at low-income Canadians. While the rebate provided some relief to people struggling with soaring inflation, it is far from enough to address the depth of poverty and intensity of food insecurity faced by the lowest income Canadians.

BlackRock Investment Institute warns that we’re in the weakest period of growth “in the postwar era outside the Global Financial Crisis.”

Every single tax expert seems up in arms about the exemption of GST on fresh fruit and vegetables. But most haven't noticed Labour failed to say anything about the long-overdue inflation adjustment to tax thresholds, writes Dr Eric Crampton

President Murmu urges citizens to move ahead with spirit of harmony and brotherhood to realise dreams of nation-builders. She stresses importance of being an Indian citizen and equal rights and duties. She lauds government. for protecting people from high inflation and India's rise in international order.

This week’s inflation announcement may determine if rates keep fallling or start rising again