The Latest Breaking News from Inflation

Global Stock Rally Soars; China's Market Struggles Persist

A jubilant, unyielding crescendo has greeted the world's stock markets this year, but none have orchestrated a performance quite like Wall Street. The titan of the bourses, the U.S. stock market, has been strutting about center stage, its ballad of bountiful performance echoing aloud. With the SP 500 delivering more…

Top News · Dec 14, 2023

Is the spectre of inflation finally fading – and what could it mean for Biden?

For three years central banks in the US and Europe have been struggling to rein in price growth unseen in a generation

The Guardian - US · Dec 14, 2023

From New York to Tokyo, stock markets around the world have rallied in 2023

It’s been a great year for stock markets around the world

The Independent UK · Dec 14, 2023

Retail sales up 0.3% in November, showing how Americans continue to spend

Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying

The Independent UK · Dec 14, 2023

What UK’s interest rate freeze means for mortgage borrowers

Home loans could be unlikely to fall by much in short term as Bank of England keeps fighting inflation

The Guardian - UK · Dec 14, 2023

Bank of England keeps interest rates at 15-year-high

The Bank of England has held interest rates at 5.25 per cent for the third time in a row and indicated that cuts are unlikely in the coming…

The National (Scotland) · Dec 14, 2023

Vladimir Putin’s war in Ukraine has cost Russia’s economy 5% in growth, U.S. Treasury says

Russia plans big defense spending with inflation running high. But Vladimir Putin thinks the economy is doing great as it grows and keeps unemployment low.

Fortune · Dec 14, 2023

BoE Pauses, ECB Tipped To Follow As Rate Cut Pressure Mounts

The Bank of England held rates steady again Thursday with the European Central Bank expected to follow suit as inflation retreats, shifting investor attention to how fast policymakers will slash borrowing costs in 2024.

International Business Times · Dec 14, 2023

Bank of England leaves interest rates on hold at 5.25%

Decision keeps the cost of borrowing at its highest level since 2008

Evening Standard · Dec 14, 2023

Bank of England holds interest rates at 15-year-high as economy flirts with recession

The Bank of England has held interest rates at 5.25 per cent for the third consecutive time

The Independent UK · Dec 14, 2023