The Latest Breaking News from Inflation

ASX hits record high, dollar sinks as inflation cools

The ASX200 rose 1.8 per cent in its best single-day performance since late 2022, while the Aussie fell under 65 US cents for the first time in three months.

AAP · Jul 31, 2024

Inflation rises to 3.8% amid hopes the RBA will hold off hiking interest rates again

Australia’s consumer price index rose in the June quarter in line with economists’ forecasts

The Guardian - AU · Jul 31, 2024

Door swings shut on rate rise following inflation data

Australia's inflation rate has clocked its first annual increase in 18 months but borrowers can breath easy as it was unlikely to trigger another rate hike.

AAP · Jul 30, 2024

60% Americans Worry They'll Outlive Their Retirement Fund—Here's 3 Things You Should Do Now To Avoid That

An alarming 60% fear outliving retirement savings due to inflation and longer lifespans, but the future can be secured with strategic planning.

International Business Times UK · Jul 30, 2024

Today's Fed meeting is merely a warm up act for September according to Wall Street—but they shouldn't count their chickens just yet

Wall Street analysts are not waiting to hear the outcome of today's FOMC discussions. Instead, they want after clues about Q3.

Fortune · Jul 30, 2024

Why the RBA is highly unlikely to lift interest rates next week, even as inflation climbs

The inflation figure due to be released today is different than most. It’s focusing the minds of politicians as well as economists.

The Conversation · Jul 30, 2024

Greening the desert: is Sisi’s grand plan using up all of Egypt’s water?

The ‘Future of Egypt’ envisages turning tracts of desert into farmland to grow crops for exports. But with sky-high food price inflation and a water deficit, critics doubt it is viable

The Guardian - UK · Jul 30, 2024

Poor weather and cost of living crisis drive UK summer spending down

Figures show weak consumer demand persisted in June and July as Bank of England ponders interest rate decision

The Guardian - UK · Jul 30, 2024

3 High-Yield Dividend Stocks Perfect for Passive Income

Amid economic uncertainty, inflation concerns, and market volatility, investing in high-yield dividend stocks could be a smart move due to their stability and steady income. Therefore, investors might consider buying stable, high-yield dividend stocks like MPLX (MPLX), Western Midstream Partners (WES), and Qifu Technology (QFIN), perfect for passive income. Read…

StockNews.com · Jul 29, 2024

What is an 'affordable' race bike these days? And what to look for when shopping for one

Adjusting for inflation, the $1500 that was enough to equip new riders back in the 2010s is closer to $2200 in today’s money. The question is: can you buy something comparable for that amount now?

Cycling Weekly · Jul 29, 2024