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The Latest Breaking News from Inflation

September dates for benefits, pensions and cost of living payments

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

The Independent UK

August dates for DWP cost of living payments, benefits and pensions

Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall

The Independent UK

Fed Chair Powell could signal the likelihood of high rates for longer in closely watched speech

When Federal Reserve Chair Jerome Powell delivers a high-profile speech Friday in Jackson Hole, Wyoming, many analysts think he could make one thing clear: That the Fed plans to keep its benchmark interest rate at a peak level for longer than had been expected

The Independent UK

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Consumer confidence shows ‘renewed optimism’ against falling core inflation

GfK’s long-running Consumer Confidence Index improved five points in August, although it remains firmly in negative territory at minus 25.

The Independent UK

Turkey makes bigger than expected interest rate hike, targets inflation

Turkey hikes interest rate to 25 percent, investors who say Ankara must move away from past policies welcome move.

Al Jazeera

Driven to tears: On the government’s move to arrest prices

Blunt policy interventions could end up distorting sowing preferences in the coming year, especially in the crops that spurred more inflation this year

The Hindu

5 Proven Ways to Cut Travel Costs in Retirement

Retirees continue to spend thousands on travel each year, even as inflation stays elevated. Here are five ways to keep those costs down, without taking anything off your retirement bucket list.

Barchart

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What does living at the poverty line look like?

Inflation affects families at different income levels unevenly as the poorest Americans pay a larger share of their incomes on food and housing.

USAFacts

Will Fed Chair Powell Signal an End to the Fed’s Rate Hike Campaign?

The markets will eagerly await comments Friday morning from Fed Chair Powell at the Fed’s annual symposium at Jackson Hole, Wyoming. With inflation falling from 40-year highs but still well above the Fed’s 2% target, Powell’s speech at the annual conference of global central bankers will come at what he...

Barchart

Central bankers convene for annual Jackson Hole symposium with inflation on their minds

The annual meeting (24-26 August) hosted by the US Federal Reserve will be closely watched, especially Federal Reserve chair Jerome Powell on Friday. While the policy of raising interest rates to lower inflation is no longer in doubt, observers will be watching out for clues as to when the US…

France 24

UK interest rates to peak at 5.5% in September, economists predict

Experts surveyed by Reuters expect inflation to continue falling in fourth quarter

The Guardian - UK

GCSE results fall in England after anti-grade inflation plans forced through

Top grades down more than four percentage points on last year, leading to disappointment for many pupils

The Guardian - UK

August dates for DWP cost of living payments, benefits and pensions

Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall

The Independent UK

September dates for benefits, pensions and cost of living payments

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

The Independent UK

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news in one place.

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The Guardian - UK

Fed chair may leave door open to higher interest rates in Jackson Hole speech

Analysts say Jerome Powell unlikely to suggest ‘mission accomplished’ in address to central banking summit

The Guardian - UK

Ofcom urged to investigate Virgin Media broadband contracts

Terms and conditions allow firm to raise bills at any time and by an unlimited amount, Which? claims

StockNews.com

3 Auto Dealer Stocks Staying on Top of Wall Street

The auto industry exhibits a robust outlook due to inflation coming down from its peaks and consumers’ resilient appetite for buying cars. Therefore, auto dealer stocks Asbury Automotive Group (ABG), Group 1 Automotive (GPI), and Sonic Automotive (SAH) might be watched now. Read on….

Kiplinger

College Students Share Encouraging Financial Report Cards

New data on college students' financial outlooks finds many silver linings in a cloudy economic backdrop.

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The National (Scotland)

UK facing 'heightened recession risks' as private sector suffers shock decline

AN economist has warned the UK is facing “heightened recession risks” after the private sector suffered a shock downturn in August.

France 24

Zimbabwe's economic woes: Hyperinflation, a currency slump and high unemployment

As Zimbabweans head to the polls this Wednesday, we take a look at the dire economic straits the country finds itself in. Inflation has gone from the single digits in 2017 to 77 percent this month, the currency has crashed against the US dollar, and high unemployment has led many…

The Independent UK

Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?

A year ago, Chair Jerome Powell warned that to fight high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job losses and weaker economic growth

The Independent UK

September dates for benefits, pensions and cost of living payments

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

The Independent UK

August dates for DWP cost of living payments, benefits and pensions

Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall

Pedestrian.tv

DoorDash Is Slinging $1 Meals From A Bunch Of Spots This Weekend To Cure Yr Hangover Cravings

We don’t need to remind you how positively borked the cost of living is. Every day inflation rears its ugly head in a new and more terrifying way. For example, I purchased a can of kidney beans and some microwavable brown rice from a convenience store for my office lunch…

StockNews.com

Who Wins the Battle Over 4,400?

How low will stocks go? That is the question on everyone’s mind as the recent highs for the S&P 500 (SPY) seem like a distant memory as stocks have been going the wrong direction for the entirety of August. Investment expert Steve Reitmeister the causes of the recent sell off…

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