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The Latest Breaking News from Inflation

Energy workers down tools to demand better pay

The union representing energy workers says wages have not kept up with inflation and maintenance backlogs will increase as industrial action in NSW ramps up.

AAP

The RBA says it’s still worried about inflation, but few believe this will mean higher interest rates

Instead of claiming demand factors are the main reason for inflation, the spotlight should be on companies’ pricing decisions

The Guardian - AU

UK workers must accept lower pay deals to help beat inflation, says Bank ratesetter

Deputy governor also says company must rein in profits as there is ‘some way to go’ to meet 2% inflation target

The Guardian - UK

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ECB's Schnabel Urges Patience with Rate Cuts for Inflation

In an interview with the Financial Times, Isabel Schnabel of the European Central Bank emphasizes the need for patience in implementing rate cuts to addres...

Top News

Pakistan’s election: Can the next government bring economic stability?

There will be no honeymoon period for winners of this week’s pivotal 2024 polls as economic challenges loom large.

Al Jazeera

Stocks marginally up Wednesday, investors now await RBI monetary policy

Indian stock indices were marginally higher at Wednesday's opening bell, tracking positive cues from overnight US markets and the latest return of foreign portfolio investors. Read further on Dynamite News:

Dynamite News

Afternoon Update: Australians overcharged across industries; right to disconnect from work laws a near certainty; and what’s in household dust?

An inquiry into price gouging has found a lack of competition in key markets, including banks and supermarkets, is driving inflation

The Guardian - AU

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Qantas decision to reduce flight capacity may have led to RBA rate hike, inquiry finds

The ACTU inquiry into price gouging chaired by Allan Fels strongly criticised the lack of competition in Australia’s domestic aviation industry

The Guardian - AU

Why Germany Is Being Hit By Strikes Almost Every Day

A wave of strike action has brought Germany to a standstill in recent weeks, as Europe's largest economy has struggled for growth and consumers have felt the pinch from sky-high inflation.

International Business Times

UK’s poorest have borne brunt of cost of living crisis, says thinktank

‘Deep-scarring effects’: Living standards for hardest hit won’t return to pre-pandemic levels until 2027, report predicts

The Guardian - UK

Mint Street musings: On the interim Budget and the RBI

The interim Budget for 2024-25 could give the central bank some more room to ease liquidity constraints in the economy

The Hindu

Thrifty December cures sales-fuelled debt hangover

Many shoppers racked up credit card bills during the November sales but the damage could have been worse given acute financial pressures.

AAP

Thought we were on track for a rate cut? For now, the RBA says it’s time to come back to earth

RBA governor Michele Bullock wants to make Australian inflation is truly under control before releasing the handbrake on interest rates

The Guardian - AU

Inflation within tolerance band; government taking steps to check price rise: Nirmala Sitharaman

Nirmala Sitharaman on inflation: Finance Minister Nirmala Sitharaman announces that inflation in India has decreased due to government measures to control prices.

The Hindu

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Top News

Inflation and US Election to Shape 2024 Markets: JPMorgan Survey

Discover the latest insights from JPMorgan's trader survey, revealing that inflation and the US election will be key factors influencing global markets in ...

Top News

RBA trims inflation & growth outlook, warns of high demand

The Reserve Bank of Australia (RBA) has revised down its inflation and growth forecasts while cautioning that demand in the country remains too high.

Top News

Finance Minister Suzuki Anticipates BOJ-Government Collaboration on Inflation Target

Japan Finance Minister expects the Bank of Japan to collaborate with the government to achieve the inflation target, highlighting the importance of monetar...

Evening Standard

Shopper behaviour 'normalising' as food inflation falls to 18-month low

According to Nielsen IQ, total till sales grew by 6.6% in the four weeks to 27 January

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AnandTech

Sales of Client CPUs Soared in Q4 2023: Jon Peddie Research

Global client PC CPU shipments hit 66 million units in the fourth quarter of 2024, up both sequentially and year-over-year, a notable upturn in the PC processor market, according to the latest report from Jon Peddie Research. The data indicates that PC makers have depleted their CPU stocks and returned…

Top News

ECB Aims for Rate Cut as Next Policy Move: de Cos

The European Central Bank (ECB) is confident that its next move will be a rate cut, according to remarks made by de Cos. Stay informed on ECB policy changes.

Top News

Eurozone Consumers Lower Inflation Expectations: ECB Survey

Euro zone consumers have reduced their expectations for near-term inflation, according to a survey conducted by the European Central Bank (ECB).

Top News

Australia's Central Bank Dismisses Taylor Swift Inflation Concerns

The Reserve Bank of Australia dismisses concerns of Taylor Swift inflation after a surge in consumer spending following the pop star's recent concert tour ...

Top News

BOJ anticipates policy shift by April, aided by wage outlook

Discover how the Bank of Japan (BOJ) is set for a policy shift by April, aided by positive wage outlook, leading to potential economic growth in Japan.

Top News

Philippine Central Bank Maintains Hawkish Stance amidst Slower Inflation

The Philippine central bank remains cautious about inflation, maintaining an aggressive stance to control rising prices despite a slight slowdown in inflation.

Newcastle Herald

Confidence grows in Newcastle property market amid predictions of rate cut

'A lot of buyer and sellers were sitting on their hands'.

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