The Latest Breaking News from Inflation

Hunt’s tax cuts mean interest rates won’t drop until summer 2024, economists warn

National insurance cut risks Bank of England being more ‘hawkish’ in battle against inflation

The Independent UK · Nov 24, 2023

Stock Index Futures Mixed as Bond Yields Climb Ahead of U.S. PMI Data

December S&P 500 futures (ESZ23) are up +0.03%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.11% this morning as U.S. Treasury yields climbed after trading resumed following a holiday, while market participants geared up for U.S. business activity data.

Barchart · Nov 24, 2023

S&P Futures Tick Higher Ahead of U.S. PMI Data

December S&P 500 futures (ESZ23) are trending up +0.10% this morning as market participants geared up for U.S. business activity data.

Barchart · Nov 24, 2023

Stock market today: Asian shares are mixed, as Hong Kong retreats on selling of property shares

Shares are mixed in Asia, with Hong Kong retreating on selling of property shares following recent gains

The Independent UK · Nov 24, 2023

What is this year’s Social Security cost of living increase?

In September 2023, 58.2 million Americans received Social Security retirement benefits. Those benefits will increase 3.2% in 2024.

USAFacts · Nov 23, 2023

UK shoppers expected to buy fewer Black Friday goods amid cost of living crisis

Spending predicted to be up just 0.4% on 2022 as inflation and Amazon warehouse strikes hit discount event

The Guardian - UK · Nov 23, 2023

Hunt the crap magician can’t escape his own autumn statement illusion

Debt is not coming down. We haven’t beaten inflation. Taxes aren’t falling. But Jezza sails through interviews, believing it all

The Guardian - UK · Nov 23, 2023

Turkey's central bank hikes interest rates again as it tries to tame eye-watering inflation

Turkey’s central bank has delivered another huge interest rate hike as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods

The Independent UK · Nov 23, 2023

OPINION - The Standard View: The launch of our Winter Survival Appeal

Rishi Sunak may have met his pledge to halve inflation, but across the capital food banks report queues doubling. As the cost of necessities such as food, energy and rent continues to rise, people in London and around the country are going to bed hungry, cold and in cramped conditions.

Evening Standard · Nov 23, 2023

Jeremy Hunt's Autumn Statement still leaves hundreds of pounds shortfall for workers despite tax cuts

Number crunching shows mixed picture despite Chancellor's claims

Evening Standard · Nov 23, 2023