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The Latest Breaking News from Inflation

Canada's December Inflation Hits 3.4%, Meets Expectations

Canada's inflation rate for December has risen to 3.4%, which is in line with expectations. This article provides an informative overview of the latest eco...

Biden hurt by the micro-insults economy

The economy continues to improve on Biden’s watch, but many people are still irritable — and for good reason

Salon · Jan 16, 2024

Why The Fed Could Declare Victory On Fighting Inflation Sooner Rather Than Later In 2024

While more data is needed to reach a definite conclusion on the direction of inflation, there are a few reasons why the nation's central bank may declare victory against inflation and begin cutting interest rates.

International Business Times · Jan 16, 2024

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Stock Markets Down As Traders Fret Over Rate Cut Outlook

With Wall Street closed Monday for a holiday, there were few catalysts to drive buying, while analysts warned investors might have overdone their optimism about how much the US central bank will loosen monetary policy this year.

International Business Times · Jan 16, 2024

UK pay growth slows as inflation pressure weakens

Vacancies tumbled at fastest rate on record in December, according to ONS figures

The Guardian - UK · Jan 16, 2024

President Maduro Expects 8% Economic Growth In 2024 After 5% Increase Last Year

Maduro assured that the inflation will be two digits this year, adding that state oil company PDVSA contributed $6.23 billion to Vanezuela's coffers in 2023.

Latin Times · Jan 16, 2024

German inflation surges to 3.8% in December: Economic analysis

German inflation has surged to 3.8% in December, reflecting increasing costs for energy and food. This development could impact the country's economy and c...

Asian Markets Down As Traders Fret Over Rate Cut Outlook

Asian stocks ticked lower Tuesday as Middle East concerns overshadowed hopes for an early Federal Reserve interest rate cut, with traders now awaiting the release of key data out of China and the United States later in the week.

International Business Times · Jan 16, 2024

Average car insurance cost in UK nears £1,000 after prices rise 58%

Young drivers face huge increases as soaring costs help push up inflation

The Guardian - UK · Jan 16, 2024

Israel's Inflation Rate Drops to 3%, Hits Two-Year Low

The inflation rate in Israel has reached a two-year low of 3.0%, indicating a return to the target set by the government.

2024 Outlook: Fed Pivot, Cooling Inflation, Easing Global Growth

Get a sneak peek into what 2024 holds for the global economy. Explore the Federal Reserve's pivot, cooling inflation, and easing growth in this informative...

Jetsetters and shoppers spend big as confidence returns

Australians are spending more on travel, insurance and online shopping as inflation reached its lowest levels since January 2022.

AAP · Jan 15, 2024

HSBC cuts mortgage interest rates ahead of big week for Bank of England

Both inflation and jobs data - two key pieces of information for the Monetary Policy Committee - will be published by the ONS this week

Evening Standard · Jan 15, 2024

Top news of the day: Wholesale inflation rises to 0.73% in December; human vaccine trials for deadly Nipah virus launched, and more

Top news updates from The Hindu on January 15, 2024

The Hindu · Jan 15, 2024

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Latin Times · Jan 15, 2024

Pope Francis Says He Hopes To Visit Native Argentina This Year For First Time As Pontiff

Pope Francis said that he was worried about the people in his home country as they were "suffering much" due to high inflation.

International Business Times · Jan 15, 2024

Asian Stocks Mixed After US Inflation Data, Oil Flat

Asian markets were mixed Monday as traders weighed US inflation data that revived hopes for an early interest rate cut, but gains were tempered by geopolitical worries after fresh US-UK strikes on Huthi targets in Yemen.

The Guardian - AU · Jan 15, 2024

If Albanese wants to keep voters onside he needs to deliver on his cost-of-living promises – and soon

Despite helping ease living costs in 2023, the Labor government shouldn’t wait too long in the new year to show voters there’s more help on the way

The Guardian - AU · Jan 15, 2024

Afternoon Update: world’s billionaires vastly richer since pandemic; Woolies store vandalised; and Victoria defends $100m Tennis Australia bailout

The wealth of the world’s billionaires grew three times faster than the rate of inflation

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The Independent UK · Jan 15, 2024

Stock market today: Asia stocks follow Wall Street higher, while China keeps its key rate unchanged

Asian markets have climbed after Wall Street drifted to a mixed finish as it closed out its 10th winning week of the last 11

The Independent UK · Jan 15, 2024

Eight in 10 think this January will be toughest yet financially, survey says

Cost of energy and groceries remain well above what people have been used to despite easing inflation

The Guardian - UK · Jan 15, 2024

UK house prices on track to rise 3% in 2024, says leading agent

Cheaper mortgages and anticipation of interest rate cuts are predicted to lead to jump in transactions

The Hindu · Jan 14, 2024

Prohibitive price gains: On the Consumer Food Price Index

With households likely to spend larger shares of their incomes on food as these costs continue to rise, there is a real risk that the impact on weak consumption can derail the growth momentum

The Hindu · Jan 14, 2024

Interim Budget may see measures to boost consumption demand, push agri economy

Finance Minister Nirmala Sitharaman is likely to step up efforts to boost consumption and rural economy while keeping inflation under check when she presents her sixth straight Budget on February 1

The Guardian - UK · Jan 13, 2024

Red Sea crisis could shatter hopes of global economic recovery

World Bank warns of surging energy prices, slower growth and higher inflation as threat rises of disruption to world trade

The Guardian - AU · Jan 13, 2024

Labor says it’s looking for ways to ease cost-of-living pressures. Just don’t mention the stage-three tax cuts

The cuts are already baked into the RBA’s forecasts and economists say there is little point looking at alternatives

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