The Latest Breaking News from Inflation

Stock Index Futures Tread Water as Key U.S. Inflation Data Looms

September S&P 500 E-Mini futures (ESU24) are up +0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.09% this morning as market participants held back from making any big bets ahead of the release of the U.S. consumer inflation report.

Barchart · Aug 14, 2024

Bank of England could still cut interest rates again despite rise in inflation

July fall in service sector and core inflation may open door for policymakers to make reduction

The Guardian - UK · Aug 14, 2024

Japan PM Kishida, Once A Safe Pair Of Hands, Fumbles Top Job

Japan's Prime Minister Fumio Kishida was seen as a safe pair of hands when his party installed him three years ago, but he soon became a liability as scandals and inflation eroded his popularity.

International Business Times · Aug 14, 2024

UK inflation rises to 2.2% in first increase since December

Annual rate in July climbs back above Bank of England target of 2%, ONS figures show

The Guardian - UK · Aug 14, 2024

‘We can’t handle a war’: poor and broken, Beirut’s residents dread the arrival of fresh conflict

With nearly half the population in poverty and inflation at 40%, concerns are rising that Lebanon is ill-prepared for any escalation in the Israel-Gaza war

The Guardian - UK · Aug 14, 2024

Interest rate cuts expected after US and UK inflation reports – as it happened

UK inflation has risen to 2.2%, less than feared, while US inflation dipped to 2.9% last month

The Guardian - UK · Aug 14, 2024

Inflation likely stayed low last month as Federal Reserve edges closer to cutting rates

If the Federal Reserve needs any further evidence that the worst price spike in four decades is steadily easing, it’s likely to come Wednesday, when the government is expected to report that inflation cooled further last month

The Independent UK · Aug 14, 2024

Asian Markets Extend Gains As US Inflation Data Boost Rate Hopes

Equities marched higher Wednesday after hopes for a Federal Reserve interest rate cut next month were boosted by data showing US wholesale prices rose less than forecast last month.

International Business Times · Aug 14, 2024

Fresh recession fears in NZ as central bank cuts rates

The Reserve Bank of New Zealand believes the country is in recession, as it moves to cut the official cash rate to 5.25 per cent.

AAP · Aug 14, 2024

The RBA poured cold water on an interest rate cut before Christmas – but its hawkish stance may make inflation even worse

It seems that the lessons of the past on issuing ‘forward guidance’ have been quickly forgotten

The Guardian - AU · Aug 14, 2024