The Latest Breaking News from Inflation

June S&P 500 futures (ESM23) are trending up +0.31% this morning after three major U.S. benchmark indices ended the regular session mixed as market participants digested a tamer-than-expected U.S. inflation report while also awaiting crucial U.S. PPI data.

The Bank of England has hiked the interest rate to 4.5%

BoE governor Andrew Bailey predicts inflation will have halved by the end of this year, thanks to falling energy bills

Previously unpublished internal research from the Reserve Bank estimates that Australia's risk of recession over this year and next could be as high as 80 per cent.

The ABC cuts through the financial jargon to explain who will benefit most from another solid surplus in the WA budget, and who will miss out.

The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. Financial markets expect the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point…

Asian shares were mixed in choppy trading Thursday after a report showed evidence that inflation in the United States is cooling, even if it remains too high

It would be the 12th consecutive time policymakers at the Bank of England have raised rates

The interest rate could change again significantly this afternoon