The Latest Breaking News from Inflation

Fifty years ago, the Reserve Bank of India announced an unprecedented increase in the bank rate from six to seven per cent in a massive effort to curb inflation

For thousands of years, gold has been a safe haven in times of turbulence, and that is no less true today. Some investors are well aware of this and are piling into gold as a new world order - mistrust in banks, high and stubborn inflation, and a growing global…

The home improvement sector is poised for growth with easing inflation and a growing desire for creative and energy-efficient home renovation solutions. Thus, it would be wise to check out Frontdoor, Inc. (FTDR), Steelcase Inc. (SCS), and Haverty Furniture Companies (HVT) to capitalize on the industry tailwinds. Read more….

Plans to introduce “1970s-style” price caps on food staples has been widely derided by supermarket and industry bosses, who warn it could lead to shortages, push up inflation and cut competition.

April’s robust labor market and persistently high inflation could strengthen the likelihood of interest rates remaining elevated for an extended period. So, fundamentally strong value stocks CIRCOR International (CIR), Consolidated Water (CWCO), and Cidara Therapeutics (CDTX), which have generated solid returns, could be one’s top picks now. Keep reading.

This week’s return from the bank holiday splurge marks the beginning of the “serious season” at Westminster — the chance for Rishi Sunak to show that his revival plans are on course before MPs head off to recess and convince gloomy voters that his economic medicine will cure ills more…

A new Fortune report delves into Steve Hanke's analysis of the Fed’s actions leading up to this point.

Interest rate hikes will mean homeowners face bigger bills as cheap fixed deals expire

The Fed's monetary squeeze "is aimed at a problem that’s over, and the effect from here will be to hammer consumer demand and economic growth," predicts Steve Hanke of Johns Hopkins.