The Latest Breaking News from Inflation

The blinkered Bank of England plunged us into recession. It must cut interest rates now

City Voices: The Bank of England has kept interest rates too high for too long and we are all suffering as a result

Evening Standard · May 7, 2024

Fed Rate Cuts Still on Hold

With inflation stubbornly elevated, the Federal Reserve will keep interest rates high for now.

Kiplinger · May 7, 2024

RBA’s next move more likely down than up but probably not until 2025

Householders are suffering most from Australia’s sluggish economy but things could definitely be worse

The Guardian - AU · May 7, 2024

RBA leaves interest rate on hold at 4.35% despite higher than expected inflation

Mortgage holders avoid another rise as Reserve Bank opts to keep rates steady for the fourth consecutive meeting

The Guardian - AU · May 7, 2024

Philippine Inflation Rate Reaches 3.8% In April

Learn about the 3.8% annual inflation rate in the Philippines for April and its implications on consumers, businesses, and the economy.

Top News · May 7, 2024

Rachel Reeves accuses Tories of ‘gaslighting’ public over economy

Shadow chancellor will highlight Labour’s plans to boost economy and say Conservatives are ‘out of touch’

The Guardian - UK · May 6, 2024

Americans Care About Inflation, but Politicians Don't

Plus: A listener asks the editors about cancelling student loan debt.

Reason · May 6, 2024

Stocks Settle Higher on Solid Earnings and Fed Rate Cut Optimism

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +1.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.13%. US stock indexes on Monday settled moderately higher, with the S&P 500 and Nasdaq...

Barchart · May 6, 2024

Dollar Recovers on Hawkish Fed Comments

The dollar index (DXY00 ) on Monday rose by +0.03%. The dollar on Monday recovered from early losses and posted modest gains after hawkish Fed comments sparked short covering in the dollar. New York Fed President Williams and Richmond Fed President Barkin said they needed to gain confidence that inflation...

Barchart · May 6, 2024

Having Enough Money for Retirement Still a Top Concern, But Moods Are Changing

A new Gallup poll shows Americans are still concerned about having enough money for retirement, but there are some changes from last year.

Kiplinger · May 6, 2024