The Latest Breaking News from Inflation

Most renters spend more than a third of their income on rent, leading cities like Boston to introduce measures to stabilize rents – but not without opposition

Turkish President Recep Tayyip Erdogan appointed an internationally respected former banker as finance and treasury minister after winning reelection

June S&P 500 futures (ESM23) are trending down -0.03% this morning after three major U.S. benchmark indices closed higher on Thursday as an unexpected rise in weekly U.S. jobless claims bolstered expectations that the Federal Reserve would hold rates steady next week, while investors also digested weaker-than-expected inflation data from…

HSBC has removed its "new business" residential and buy-to-let products, while Nationwide increased its fixed rates as well as reducing some rates on trackers

HSBC temporarily removes mortgage products for new customers, as borrowers face higher rates

Rishi Sunak finally makes his first White House trip as Prime Minister - but he awaits increasingly pressing issues back at home

North Korea has tolerated the widespread use of more stable foreign currencies like U.S. dollars and the Chinese yuan since a bungled revaluation of the won in 2009 triggered runway inflation and public unrest

Alleviate supermarket blues by performing a funky dance in the canned veg section

The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20% or more from its most recent low

The U.S. will have major trouble getting to 2% as it may take over a year to reach their goal and avoid a government default.

Inflation is tipped to average 6.9% as it takes longer to come down here than in any other G7 nation, according to the Organisation for Economic Cooperation and Development