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The Latest Breaking News from Inflation

Strikes cripple air and rail travel across Germany

Airport workers and train drivers walk off the job to demand more pay to offset soaring inflation in the country.

Al Jazeera

Black cab taxi fares to rise by more than double inflation to stop cabbies quitting

Black taxi fares are to rise by more than double the rate of inflation from next month in the latest attempt to prevent cabbies quitting the trade.

Evening Standard

Asian Markets Swing Ahead Of Key US Jobs Data

Equities fluctuated in Asian trade Thursday as investors try to assess the Federal Reserve's plans for interest rates after boss Jerome Powell indicated they would start to come down this year.

International Business Times

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Sticky Inflation To Keep Eurozone Interest Rates On Hold

Sticky inflation is expected to prompt eurozone rate-setters to hold borrowing costs steady again Thursday, as they await clearer signs of a sustained easing of consumer prices before beginning to cut.

International Business Times

Inflation Fears Disrupt Bond Market As Powell Addresses Lawmakers

Bond market volatility rises as inflation concerns unsettle investors ahead of Powell's testimony.

Top News

Stock Market Today: Stocks Rise After Powell Repeats Rate-Cut Message

The main indexes closed higher after Fed Chief Powell stuck to his script on inflation and interest rates in today's congressional testimony.

Kiplinger

South Korea February Inflation Accelerates Due To Supply Pressures

Learn about South Korea's rising inflation due to global commodity price surge and supply chain disruptions in February.

Top News

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Cencosud Profits Drop 42% Due To Argentine Inflation

Cencosud's profits decline by 42% in Argentina due to high inflation and weak consumer spending.

Top News

Biden to challenge GOP on lowering costs in State of the Union address - Roll Call

President Biden will tout his “decisive action” on the economy during his State of the Union address, a White House official said.

Roll Call

Slowing economy can't be ignored in budget: Chalmers

The treasurer says the upcoming federal budget will be a balancing act between fighting inflation and addressing a slowing economy.

AAP

Powell Signals Potential Interest Rate Decrease Amid Economic Uncertainty

Powell addresses economic uncertainty and the Fed's stance on interest rates and inflation and providing insights on monetary policy.

International Business Times

US Fed's Progress Against Inflation 'Not Assured': Powell

The US Federal Reserve's progress in bringing down inflation is "not assured," the chair of the country's central bank told lawmakers in Washington Wednesday, on the first of two days of hearings in Congress.

International Business Times

Bank Of Canada Maintains Rates, Postpones Consideration Of Cut

Bank of Canada opts to keep interest rates steady, citing economic resilience and stable inflation. Monitoring global uncertainties closely.

Top News

Global Markets Mostly Higher After Tech Stock Tumble

Global markets rebound after Big Tech stock decline. Oil prices rise. Key events include UK Spring Budget and Fed Chair Powell's testimony.

Top News

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Federal Reserve Faces Tough Decisions Amid Economic Uncertainty

Federal Reserve's upcoming rate cuts and economic concerns amidst inflation and political debates.

The Guardian - UK

Budget 2024: key points at a glance

Jeremy Hunt has announced his financial update – here are the main points, with political analysis

The Hindu

Inflation reached double-digit growth in Congress regime, our govt contained it below 5%: Amit Shah

Mumbai Union Home Minister Amit Shah praises government's economic progress, aims for self-reliant India in 2047.

International Business Times

Britain Set For Tax-cutting Budget Before Election

Britain's Conservative government is on Wednesday expected to use a budget update to unveil tax cuts for millions of workers, in an attempt to woo voters before a general election.

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The Guardian - UK

Budget in five charts: what will underpin Jeremy Hunt’s statement?

Falling inflation and so-called fiscal headroom will guide a chancellor keen to heed calls from Tories for tax cuts

StockNews.com

Should Stock Investors Be Scared by Recent Sell Off?

Most everyone knows the famed motto of the news business that “fear sells”. Well that is also true in the investment media where a scary headline about stock declines is going to get more eyeballs than one that talks about gains. So, its good to ponder if investors truly should…

Top News

President Biden To Address Efforts To Lower Costs For Families

President Biden to address economic challenges and relief measures in upcoming speech, addressing concerns on inflation impact and financial well-being.

Top News

Nasdaq Leads Wall Street Lower As Megacaps Slide

Tech-heavy Nasdaq's decline due to megacaps' stock drop influenced by inflation and global tensions.

Top News

Philippine Inflation Accelerates In February After Five-Month Decline

Philippine inflation rose to 4.2% in February driven by higher food prices, but remains manageable within the central bank's target range. Government and c...

Top News

Mexican Inflation Expected To Decrease In February

Learn about the expected deceleration of Mexican inflation in February and its positive impact on the economy.

AAP

Economy hit by 'dastardly duo' of rates and inflation

Australia's economy grew very little last quarter but the result was broadly in line with forecasts and unlikely to change the outlook for interest rates.

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