The Latest Breaking News from Inflation

Nigerians decry ‘anti-poor’ measures in new protests against the government

The country’s highest food inflation levels in decades have pushed businesses to shutter and forced many to go hungry.

Al Jazeera · Oct 1, 2024

Dockworkers go on a strike that could reignite inflation and cause shortages in the holiday season

Dockworkers at ports from Maine to Texas have started walking picket lines in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks

The Independent UK · Oct 1, 2024

U.S. economy is on the cusp of another Roaring ’20s, says UBS

"By early 2025 only the most pessimistic investors will need rose-colored glasses to see a clear path to a Roaring ’20s outcome," a UBS analyst says.

Fortune · Oct 1, 2024

Eurozone Inflation Falls Under 2% For First Time Since 2021

The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut.

International Business Times · Oct 1, 2024

Autumn brings the return of strong growth at Greggs after summer slowdown

Cost inflation for the year is now expected to be at the lower end of the 4% to 5% range previously estimated

Evening Standard · Oct 1, 2024

UK shop prices fall at fastest rate since 2021 despite rising fresh food inflation

Overall shop price deflation was 0.6% in September compared with 0.3% in August, says trade body

The Guardian - UK · Sep 30, 2024

Stocks Recover Early Losses as US Soft-Landing Prospects Improve

The S&P 500 Index ($SPX ) (SPY ) Monday closed up by +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.26%. Stocks on Monday shook off early losses and settled higher. Monday’s...

Barchart · Sep 30, 2024

Dollar Gains and Gold Falls as Powell Says Fed in No Hurry to Cut Rates

The dollar index (DXY00 ) Monday rose by +0.45%. The dollar Monday recovered from overnight losses and rallied moderately on hawkish comments from Fed Governor Bowman that reduced chances for a -50 bp rate cut at the November FOMC meeting when she said core inflation remains "uncomfortably" above the Fed's...

Barchart · Sep 30, 2024

US Fed Chair Sees 'Further Disinflation' In Economy

The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said Monday, with interest rates likely to come down over time, too.

International Business Times · Sep 30, 2024

3 Value Stocks to Buy Now Before Wall Street Catches On

Investing in value stocks is appealing now due to their strong long-term performance and affordability, as interest rates decline and inflation stabilizes, providing a lower-risk opportunity before Wall Street takes notice. Hence, it may be wise to add fundamentally strong value stocks like Stellantis (STLA), Centene (CNC), and Cardinal Health…

StockNews.com · Sep 30, 2024