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The Latest Breaking News from Inflation

Five charts explaining the UK’s economic prospects in 2024

As we enter an election year, how will the effects of inflation, weak GDP growth, unemployment, tax cuts and rising housing costs sway voters’ intentions?

The Guardian - UK

Kenya's Inflation Eases to 6.6% YoY in December

Kenya's inflation rate sees a slight decline in December, easing to 6.6% YoY. Discover how this impacts the economy and consumer prices.

Top News

South Korea's December Inflation Falls Short, Clocks +3.2% YoY

South Korea's consumer inflation in December came in at +3.2% YoY, disappointing expectations. Find out why this might have economic implications.

Top News

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Fed chairman urged to cut rates, linked to possible Trump return

In this lively debate, former Dallas Fed official Daniel DiMartino Booth and Gary Kauppbaum discuss Congressman Ro Khanna's demand for the Fed to cut inter...

Top News

Guinea's Economy Struggles After Fuel Depot Fire

Almost two weeks after a huge fire in Guinea's main fuel depot brought death and destruction, anger is growing as the economy is reeling, with inflation rising, petrol rationed and no trucks moving merchandise.

International Business Times

IPO Market Shows Promising Growth Amid Cooling Inflation

From a lackluster 2022 to a rebound in 2023, the IPO market shows signs of life. Analysts predict a solid pickup in 2024 as inflation cools and interest ra...

Top News

The global economy in 2024: Key clues to watch out for

US interest rates, oil prices and the Chinese economy will determine the global economy next year.

Al Jazeera

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US Stocks And Bonds Head Into The New Year With Plenty Of Tailwinds

U.S. stocks and bonds are heading into the new year with plenty of tailwinds that could broaden the rally, though risks to the downside remain.

International Business Times

Wealthy Americans are more worried about finances than usual. Financial experts share their high net-worth clients’ 3 biggest concerns

Even HNW investors are worried about inflation.

Fortune

'Final straw': Scottish pub closes down with jab at Government

A SCOTTISH pub has pointed the finger at inflation, surging utility costs, and the lack of business rates relief in the recent Scottish Budget as it…

The National (Scotland)

The Minimum Wage Boost in Turkey: Inflation on the Horizon

Turkey's decision to increase minimum wage expected to escalate prices and impact inflation, posing challenges for the country's economic outlook. Stay inf...

Top News

Post Office breaks daily cash withdrawal record amid cost of living crisis

The £62m dispensed on last Friday before Christmas beat £51m record set in 2022 to reflect sharp annual rise in inflation

The Guardian - UK

UK economy set to escape 2024 'hard landing' in boost for Sunak

After a brush with recession, consumers are set to spur a rebound

Evening Standard

UK dealmaking shrinks in 2023, but economy predicted to ‘turn corner’ in 2024 – as it happened

PwC predicts inflation will fall near ‘normal levels’ in 2024, but corporate insolvencies are forecast to jump

The Guardian - UK

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The Hindu

Govt plans to sell FCI rice under Bharat brand; price not yet decided

Government considering proposal to sell FCI rice under 'Bharat' brand to check rice inflation, decision on discounted rate pending.

Top News

Economy in Decent Shape but Americans Not Satisfied: Expert

Americans are spending more this holiday season, but the economy still has its challenges. Delve into the state of the US economy with expert insights and ...

The Guardian - UK

How a spring UK budget could fire the starting gun for an early election

UK economic prospects are bleak but an agenda-setting fiscal event such as sweeping tax cuts in March offers another roll of the dice

StockNews.com

As inflation continues its downward trend, food manufacturers will stand to benefit as food consumption is likely to grow. Moreover, population growth, the use of technology, expansion into newer markets, and changing consumer preferences are all expected to boost the industry’s prospects. Amid this backdrop, it could be wise to…

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Barchart

Will a Soft-Landing Hurt Megacap Tech Stocks?

The scenario of a soft landing for the U.S. economy is increasingly likely as inflation slows, bond yields decline, and the economy continues to grow. An economic soft landing would be a positive factor for equity markets. However, it may also dim the prospects of the seven megacap tech stocks...

The Independent UK

January 2024 dates for benefits, pensions and cost of living payments

Despite inflation beginning to ease, many households continue to struggle

Kiplinger

10 Predictions for 2024 from The Kiplinger Letter

As 2023 wraps up, here are 10 big predictions for the new year.

Top News

Spain Sprawls Anti-Inflation Measures, Shields Economy through 2024

Get ready for an extended fiesta of anti-inflation measures in Spain! The country pumps up economic stability with measures set to roll on until 2024. Olé!

WEKU

These 5 charts show how life got pricier, but also cheaper, in 2023

Inflation eased this year, and wages are now climbing faster than prices. Americans are still spending, even if they have to borrow money to do so.

WEKU

Offshore wind in the U.S. hit headwinds in 2023. Here's what you need to know

Rising interest rates, inflation, and global supply chain issues brought delays in 2023 for the offshore wind industry, but also some projects began generating energy.

WEKU

Holiday spending is up. Shoppers are confident, but not giddy

Consumer spending from Nov. 1 through Christmas Eve rose 3.1% year over year, new data show, a figure in line with the decade leading up to the pandemic and another positive sign for the economy.

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Dipanjan BanchurSince

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