The Latest Breaking News from Inflation

Argentina Devalues Peso, Unveils Measures To Avoid 'Hyperinflation'

The government of President Javier Milei announced cuts to generous state subsidies and a halt to all new public construction projects.

Latin Times · Dec 13, 2023

Stock market today: Asian shares are mixed ahead of the Fed's decision on interest rates

Asian shares are mixed ahead a decision by the U.S. Federal Reserve on interest rates

The Independent UK · Dec 13, 2023

UK economy shrinks unexpectedly as households feel squeeze

GDP fell by 0.3% in October as Bank of England prepares to keep interest rates on hold

The Guardian - UK · Dec 13, 2023

NZ government's first law to reform Reserve Bank

The Reserve Bank has been ordered to focus on fighting inflation - and not maximising employment - by the New Zealand coalition government.

AAP · Dec 13, 2023

Asian Markets Mixed After US Inflation Data As Fed Decision Looms

Markets were mixed Wednesday after an unremarkable US inflation report tempered expectations for an interest rate cut early next year, with attention moving to the Federal Reserve's policy statement later in the day.

International Business Times · Dec 13, 2023

US Fed Pause Expected Amid Flurry Of Rate Decisions

The US Federal Reserve will likely hold its key lending rate at a 22-year high on Wednesday -- the first of a series of crucial central bank decisions this week.

International Business Times · Dec 13, 2023

US elections 2024: a Biden vs Trump rematch is very likely, with Trump leading Biden

The United States general election will be held on November 5 2024. In early 2024, there are Democratic and Republican presidential nominating contests that will elect delegates to the parties’ nominating conventions. These conventions, in July (for Republicans) and August (Democrats) officially select their parties’ presidential candidates.

The Conversation · Dec 13, 2023

Myefo 2023: Australia’s federal budget on track for wafer-thin $1.1bn deficit

Mid-year economic and fiscal outlook reveals $12.8bn improvement in budget bottom line due to strong labour market and commodity prices

The Guardian - AU · Dec 12, 2023

US Fed Kicks Off Rate Meeting With Another Pause Expected

The US Federal Reserve began a two-day interest rate meeting Tuesday at which policymakers are widely expected to hold rates steady for a third straight meeting as they continue the fight against high inflation.

International Business Times · Dec 12, 2023

Stock Market Today: Markets Take CPI Report in Stride Ahead of Fed Meeting

The three major benchmarks notched 52-week intraday highs after inflation data mostly matched forecasts.

Kiplinger · Dec 12, 2023