The Latest Breaking News from Inflation

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK · Dec 6, 2023

Dollar Gains on Safe-haven Demand from Chinese Debt and a Weak Euro

The dollar index (DXY00 ) on Tuesday finished up by +0.31% and posted a 1-1/2 week high. The dollar found support Tuesday on increased safe-haven demand after Moody’s Investors Service downgraded China’s credit outlook to negative from stable due to rising debt. Weakness in the euro also supported the dollar...

Barchart · Dec 5, 2023

3 Big Box Retailer Stock Giants Driving Year-End Gains

Driven by robust consumer spending, easing inflation, strong holiday sales, and leveraging cutting-edge technology, big-box retailers are set for long-term growth. To that end, investing in retail giants Target (TGT), Walmart (WMT), and Kroger (KR) can drive year-end gains. Read on.

StockNews.com · Dec 5, 2023

China’s credit outlook cut to negative; Rupert Soames named CBI president; trading outages in London – as it happened

Moody’s cuts its outlook on China’s credit rating, while trading in smaller stocks in London is hit by systems problems

The Guardian - UK · Dec 5, 2023

Stock market today: Asian shares slip ahead of key US economic reports

Asian shares declined Tuesday on heavy selling of property and technology shares

The Independent UK · Dec 5, 2023

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK · Dec 5, 2023

Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely

If you’re looking for clues about whether the Reserve Bank has any interest rate rises left, Governor Michele Bullock offered several in her statement after Tuesday’s board meeting, saying:

The Conversation · Dec 5, 2023

RBA interest rates: Australian mortgage holders spared pre-Christmas rise from Reserve Bank

The Reserve Bank of Australia keeps its cash rate on hold at 4.35% in line with expectations from economists after inflation continued to slow

The Guardian - AU · Dec 5, 2023

Biden filmed laughing at video of a shouting Lauren Boebert: ‘Massive failure’

The president was shown a clip of the Colorado congresswoman in the House of Representatives in which she ranted about the Inflation Reduction Act

The Independent UK · Dec 4, 2023

What Consumers Spent a Record $18.86 Trillion On

Consumers are spending more than ever, although a lot can be chalked up to high inflation, low unemployment, and an economy that’s stronger than expected

Kiplinger · Dec 4, 2023