The Latest Breaking News from Inflation

Opposition Leader Peter Dutton has called on the government to exercise spending restraint rather than lift taxes to help the central bank control inflation.

The government acknowledges a growing number of people making financial distress calls to crisis support hotlines, as the Reserve Bank governor says the mental health concerns of Australians weighs heavily on him.

Thailand's headline inflation is expected to decelerate this month after growing during January and February.

If you're planning to travel abroad, it's important to consider the foreign exchange rate to manage your personal finances, especially as the baht is increasingly volatile against the US dollar.

Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, sending stock markets sharply lower.

The Fed’s potential higher-than-expected interest rate hikes have fueled concerns among investors about a mild recession. Hence, fundamentally stable and dividend-paying stocks Walmart (WMT), BHP Group (BHP), and American Vanguard (AVD) could be particularly enticing for those nearing retirement and seeking security in their investment approach. Read more….

WASHINGTON — Hot inflation data could lead the Federal Reserve to raise interest rates to higher levels and at an accelerated pace, Federal Reserve Chairman Jerome Powell told the Senate Banking Committee on Tuesday.

The RBA has engineered a bigger crash in Australians’ real disposable income than they suffered in the 1990s recession

The Fed is committed to bringing inflation down by raising interest rates aggressively. This could keep the stock market under pressure in the near term. Given their strong fundamentals and growth prospects, this could be the opportune time for investors to buy high-quality stocks Cisco Systems (CSCO) and Autodesk (ADSK).…