The Latest Breaking News from Inflation

Gerry Harvey, Or The Demon Possessing Him, Reckons Raising Prices Will Beat Inflation

Gerry Harvey, the co-founder of Harvey Norman, publicly shared that he believes businesses should continue raising prices. What a tool.

Pedestrian.tv · Nov 30, 2023

Major British city declares bankruptcy as inflation and growing social care costs blow a $29 million hole in its budget

The local Nottingham council denied that it was bankrupt and said it had enough funds to meet its current obligations and pay staff members.

Fortune · Nov 30, 2023

Stocks Rise Before the Open as Key U.S. Inflation Data Looms

December S&P 500 futures (ESZ23) are up +0.21%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.23% this morning as market participants looked ahead to a reading on the Federal Reserve’s preferred inflation metric.

Barchart · Nov 30, 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 · Nov 30, 2023

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

The Independent UK · Nov 30, 2023

Markets Drift Ahead Of US Inflation, But Rate Cut Hopes Build

Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year.

International Business Times · Nov 30, 2023

Bank of England Warns of Potential Market Correction Amidst Economic Uncertainties

The House of Lords Economic Affairs Committee released a report that critiques the Bank of England's scope of operation amidst the current cost of living crisis.

International Business Times UK · Nov 30, 2023

Jim Chalmers welcomes OECD prediction RBA has reached interest rate peak

Federal treasurer downplays prospect of posting a second successive budget surplus

The Guardian - AU · Nov 29, 2023

US Fed Finds Signs Of Slowing Economic Activity

US economic activity has slowed in recent weeks and the labor market has continued to cool, the Federal Reserve announced Wednesday, as it continues its fight against stubborn inflation.

International Business Times · Nov 29, 2023

Dollar Recovers Early Losses on U.S. Economic Strength

The dollar index (DXY00 ) on Wednesday rose by +0.04%. The dollar on Wednesday recovered from a 3-1/2 month low and posted modest gains. The dollar rebounded after Wednesday’s economic news showed Q3 GDP was revised higher than expected. Also, an easing of consumer price pressures in Germany and Spain...

Barchart · Nov 29, 2023