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The Latest Breaking News from Inflation

Most Asian Markets Retreat As Fed Crushes March Rate Cut Hope

Most Asian equities fell Thursday, tracking a sell-off on Wall Street after the Federal Reserve poured cold water on hopes for a March interest rate cut.

International Business Times

Australian inflation is under control – now it’s time to worry about the economic health of households

We might be safe from further interest rate rises but most Australians are still doing it tough and keeping their purses closed

The Guardian - AU

Inflation spikes hit fast food prices, alarming Americans

Discover the reasons behind the rising prices at fast food chains like Taco Bell and McDonald's, and how it affects consumers' everyday lives.

Top News

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Fed Holds Rates Steady, Pushes Back on Cuts: What the Experts Are Saying

The Fed is in no hurry to bring interest rates down from a 23-year high.

Kiplinger

Stock Market Today: Stocks Slump After Alphabet Earnings, Fed Meeting

The main indexes closed lower Wednesday after Alphabet's earnings-related selloff and the Fed's hawkish outlook toward rate cuts.

Kiplinger

Fed Maintains Rates, Keeps Sights Set On 2% Inflation Target

The Fed says the economic outlook is uncertain and that it remains highly attentive to inflation risks.

Kiplinger

Fed Keeps Interest Rates Steady in January and Warns no Cuts Until its More Confident on Inflation

Rates stayed unchanged for the fourth meeting in a row. The Central Bank signaled openness to cutting if price increases keep cooling

Latin Times

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Federal Reserve holds rates steady, pushes back on rate cut expectations

Discover the latest decision by the Federal Reserve on interest rates. Gain insights into their stance on rate cuts and the current state of the economy. S...

Top News

The Federal Reserve holds interest rates steady but signals rate cuts may be coming

The Federal Reserve held interest rates steady on Wednesday, but indicated that rates could fall in the coming months if inflation continues to cool.

WEKU

Federal Reserve continues to hold interest rates at 23-year high

Central bank said it was not appropriate to cut rates until it has ‘greater confidence that inflation is moving sustainably toward 2%’

The Guardian - US

US Private Sector Job Gains Slow In January As Labor Market Cools

Private sector hiring in the United States slowed more than anticipated this month, according to data Wednesday from payroll firm ADP, following efforts to cool the world's biggest economy and tame inflation.

International Business Times

The Bank of England has failed. It must urgently lower interest rates

City Voices: The MPC has turned a blind eye to the economic warning signs that monetary policy is too restrictive

Evening Standard

German States Experience Decline in Inflation Rates

A decrease in inflation rates across German states suggests a decline in national inflation levels, indicating positive economic trends in Germany.

Top News

Federal Reserve Considers Cutting Interest Rates Amid Inflation Concerns

The Federal Reserve is expected to move closer to cutting interest rates amid a healthy economy and declining inflation, but timing remains uncertain.

Top News

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The Guardian - UK

UK house prices rise in January, Novo Nordisk obesity drug sales surge – as it happened

Nationwide says housing market looks ‘more positive’ as prices rise 0.7%; the Danish maker of Ozempic and Wegovy predicts further strong growth in 2024

The Guardian - AU

Afternoon Update: inflation falls to two-year low; Iran on alert for US response; and Melbourne’s new poo museum

Attention turns to if and when the RBA will begin cutting interest rates if it becomes confident inflation will drop to its 2-3% target range

Top News

Australia's Q4 Inflation Slows, Nearing Rate Cut Consideration

Australia's Q4 inflation has slowed to a two-year low, increasing the likelihood of rate cuts. The sluggish inflation reflects slowing economic growth.

AAP

Inflation rate eases to two-year low in welcome sign

A larger-than-expected slowdown in the inflation rate has all but assured there will be no change in interest rates at the Reserve Bank's meeting next week.

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Latin Times

IMF Expects U.S. and Latin America's GDP to Grow 2.5% This Year, Decelerate in 2024

In its new World Economic Outlook, the organization said that the global economy is approaching a soft landing, but risks remain

Top News

IMF Upgrades Global Economic Outlook, Expects Soft Landing

The International Monetary Fund forecasts resilient global economic growth led by the US and lower inflation rates, raising hopes for a soft landing.

WEKU

The IRS got $80B to help people and chase rich tax avoiders. Here's how it's going

Commissioner Danny Werfel says the IRS is seeing "very powerful early results" in its efforts to improve enforcement on high wealth is paying off.

International Business Times

IMF Lifts Global Growth Forecast Citing Unexpected 'Resilience'

The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 percent, citing unexpected resilience in major advanced and emerging market economies around the world, including the United States and China.

The Guardian - UK

IMF warns Jeremy Hunt against tax cuts in budget

Lower tax levels may not be possible without extra borrowing or post-election spending reductions, says Washington-based body

Top News

UK grocery price inflation slows down, says Kantar report

The rate of grocery price inflation in the UK is decreasing at a slower pace, according to Kantar. Find out more about this trend in the British grocery ma...

International Business Times

German Economy Shrank At End Of 2023: Data

The German economy contracted at the end of 2023, official data showed Tuesday, the latest gloomy news for Europe's export powerhouse as it battles high inflation and a manufacturing slowdown.

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