The Latest Breaking News from Inflation

What is the Red Sea crisis, and what does it mean for global trade?

Attacks by Houthi rebels along the trade route have led to firms pausing shipments, raising the possibility of a shock to the world economy

The Guardian - UK · Jan 3, 2024

Mortgage rates are falling but borrowers are still feeling the squeeze – a finance expert explains how to cut your repayments

Around 5 million households have seen their mortgage interest rate change since the Bank of England base rate started to rise in late 2021. Over the course of the 2023 alone, the base rate increased from 3.5% to 5.25%, surpassing economists’ expectations and pushing mortgage rates to the highest levels…

The Conversation · Jan 3, 2024

US job openings fell slightly in November but remain high by historical standards

Wednesday’s report, called the Jobs Openings and Labor Turnover Summary, reinforced other recent evidence that while the job market is slowing from its robust heights, it remains solid.

Chicago Sun-Times · Jan 3, 2024

3 Home Improvement Stocks Setting up for Potential New Year Gains

The home improvement industry's outlook looks bright, driven by factors such as falling mortgage rates, easing inflation, a rise in DIY projects, increasing disposable income, and a growing interest amongst homeowners to undertake renovation projects. Thus, it could be wise to buy home improvement stocks La-Z-Boy (LZB), Hooker Furnishings (HOFT),…

StockNews.com · Jan 2, 2024

UK Grocery Inflation Stays At 4.3% Despite Decline in Food Prices

The introduction of new border checks on EU goods in April entering the UK could lead to further spikes in UK grocery inflation.

International Business Times UK · Jan 2, 2024

Golden zone: could Australia’s economy pull off a miracle in 2024?

Signs suggest inflation and interest rates may fall considerably without killing growth or employment. The government will be desperately hoping so

The Guardian - AU · Jan 2, 2024

Six things to watch in 2024 global economy, from tax cuts to AI

The Israel-Hamas war could broaden, and many developing countries are on a path to crisis

The Guardian - UK · Jan 2, 2024

Why you may not be able to get on the housing ladder or buy a bigger home in 2024

Five million more UK households could feel the effects of recent interest rate increases in coming years. Roughly the same number have already been forced to remortgage since the recent spate of rate rises began in 2021, according to the Bank of England’s latest Financial Stability Report. These borrowers have…

The Conversation · Jan 2, 2024

Peru Closes 2023 With Inflation Rate Of 3.24%, Lowest In 3 Years

Central Reserve Bank of Peru projected previously that the inflation rate in 2023 would close at 3.8%. However, recent data shows that the country has the lowest inflation rate since 2020.

Latin Times · Jan 2, 2024

Macroeconomic uncertainties will not halt progress on the energy transition in 2024 and beyond. Here’s why

Cost inflation and high interest rates have affected renewables–but policymakers are already responding and new auction mechanisms are being put in place.

Fortune · Jan 2, 2024