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The Latest Breaking News from Inflation

Argentina's annual inflation soars to 211.4%, the highest in 32 years

Argentina's statistics agency says the country has registered a monthly inflation rate of 25.5% in December and closed 2023 with an annual inflation of 211.4%

The Independent UK

Turkish Central Banker Vows to Achieve Disinflation, says Sources

This article discusses the determination of Turkish central banker Erkan to achieve disinflation, highlighting the country's efforts to attract and reassur...

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Argentina surpasses Venezuela as Latin America's inflation leader

Argentina has surpassed Venezuela as the country with the highest inflation rate in Latin America. This article discusses the causes and implications of th...

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US Consumer Inflation Increases in December Due to Rising Costs

The cost of shelter and healthcare in the US has caused a hike in consumer inflation in December, which is crucial information for understanding the economy.

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Global trade falls amid Houthi attacks on merchant ships in Red Sea

Maersk boss says it could take months before trade route is safe to traverse

The Guardian - UK

As Inflation Eases, This Consumer Giant and Innovator Will Benefit

By definition, small cap stocks should perform well in an ebbing inflation environment, which allows the Fed to drop interest rates…assuming the soft landing is intact. But, not only do small cap stocks benefit in this environment, but companies that can take advantage of decreasing commodity and raw input costs…

StockNews.com

December CPI Report: What the Experts Are Saying About Inflation

A hotter-than-expected CPI report means the Fed won't be cutting interest rates as aggressively as hoped, experts say.

Kiplinger

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Inflation roller coaster: 2023 closes with 3.4% increase

Get the scoop on the roller coaster ride of the economy in 2023 with the final inflation report. Bumpy road ahead, but cooling inflation brings hope for th...

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Wall Street Falls as Inflation Report Disappoints Investors

The stock market sinks as inflation report dampens hopes of imminent interest rate cuts, causing investors to reassess their forecasts.

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ECB Prepared to Cut Rates if Inflation Declines Rapidly

The President of the ECB, Vujcic, suggests that the ECB may consider adjusting interest rates sooner if inflation decreases rapidly, signaling potential po...

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Argentina's Inflation Soars, Barbecue Prices Flare Amid Near 200% Increase

Discover why barbecues are becoming a luxury in Argentina due to soaring inflation reaching almost 200%, impacting everyday life and food prices.

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US Inflation Rises in December Despite Fed's Efforts

Read about the latest U.S. inflation data, which shows higher energy and housing prices contributing to a 0.3% increase in overall prices in December.

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Illinois lawmakers quietly scaled back a popular tax credit; now a former governor wants it back

More than 11 million Illinois taxpayers who claim the standard exemption each year will not see an inflation-indexed bump for the 2023 tax year.

Chicago Sun-Times

US Consumer Inflation Jumps More Than Expected To 3.4%

Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, underscoring the bumpy road to cooling price increases as the presidential election looms.

International Business Times

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US CPI Suggests No Rush for Fed Cuts

A slightly hot December US CPI reading indicates that there is no immediate need for the Federal Reserve to make any interest rate cuts.

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U.S. Unemployment Claims Drop to Lowest Level in Months

Discover how the US labor market remains resilient, with jobless claims reaching a three-month low despite elevated interest rates and inflation concerns.

WEKU

As car insurance continues to rise, U.S. inflation ticks up in December

Overall CPI in December was up 3.4% from a year ago. The cost of motor vehicle insurance rose 1.5% in December from November, marking a 20.3% increase compared to the previous year.

The Guardian - US

US inflation ticked up to 3.4% in December as policymakers mull rate cuts

Consumer price index exceeds economists’ expectations as Fed weighs when to start cutting borrowing costs

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Nasdaq futures climb as Treasury yields ease before inflation data

Nasdaq futures climb as Treasury yields decline ahead of key inflation data. Stay informed about the latest developments in the US stock market.

Kiplinger

Almost 40% of Seniors Are Going Back to Work Due to Low COLA. Are You?

Social Security benefit amounts adjust for inflation every year, but the small cost-of-living bump for 2024 might not be enough for seniors, new survey shows.

Barchart

Stocks Rise Before the Open as U.S. Inflation Data Looms

March S&P 500 E-Mini futures (ESH24) are up +0.08%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.30% this morning as market participants looked ahead to a key U.S. consumer inflation report that will provide insights into the Federal Reserve’s policy trajectory.

Barchart

Stocks Climb Before the Open as U.S. Inflation Data Looms

March S&P 500 E-Mini futures (ESH24) are up +0.19%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.41% this morning as market participants looked ahead to a key U.S. consumer inflation report that will provide insights into the Federal Reserve’s policy trajectory.

Latin Times

Latino Priorities: Inflation and Immigration Top List for U.S. Government Focus

A new poll by AP-NORC listed the main areas of concern for the country's largest demographics

Fortune

Rural hospitals are caught in an aging-infrastructure conundrum

Small, community hospitals face challenges in paying for the capital improvement projects they need to stay open.

The Independent UK

Stock market today: Asian shares rise after Wall Street nears record; markets eye inflation report

Asian shares have advanced on the back of Wall Street’s climb to a near-record high, as Tokyo's benchmark hovered near its highest level since 1990

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