The Latest Breaking News from Inflation

Sluggish economic growth on the cards until 2027 says OBR

Watchdog says GDP will only advance by 0.7% next year compared with its previous projection of 1.8%

Evening Standard · Nov 22, 2023

State pension increase of 8.5% will be greeted with relief, say experts

With inflation starting to fall back, the rise will create much-needed space in pensioners’ budgets, experts said.

The Independent UK · Nov 22, 2023

Jeremy Hunt makes 'cut and paste' jibe at Rachel Reeves sparking howls of laughter from Tory MPs

The shadow chancellor has admitted she 'should've done better' following allegations she plagiarised parts of her new book

Evening Standard · Nov 22, 2023

Are Bank of America (BAC) and M&T Bank (MTB) Still Wise Investment Choices?

The central bank officials have recently expressed little interest in cutting rates anytime soon. With the recent Fed meeting minutes suggesting a continuation of a “restrictive” policy, rates will likely remain higher for longer. In this piece, I have discussed how the U.S. banking industry is expected to perform amid…

StockNews.com · Nov 22, 2023

Jeremy Hunt slashes National Insurance in go-for-growth Autumn Statement but tax burden still rising

Millions set to pay higher rate of income tax in future as wages rise but thresholds remain frozen

Evening Standard · Nov 22, 2023

Hunt raises benefits in line with inflation ‘to support families in difficulty’

Campaigners had voiced concern amid reports they would not be raised in the usual way, instead using last month’s lower inflation figure.

The Independent UK · Nov 22, 2023

Key measures included in Jeremy Hunt’s autumn statement and what’s missing

Chancellor reveals 2% national insurance cut, as he claims Tory economic plan is ‘working’

The Independent UK · Nov 22, 2023

Here's what will cost you more — and less — for the big Thanksgiving feast

The cost of a traditional Thanksgiving feast is slightly lower this year than last, thanks in large part to falling turkey prices. Overall grocery inflation has eased significantly in the last year.

WEKU · Nov 22, 2023

RBA governor says inflation ‘increasingly homegrown’, suggesting interest rates will remain high

Michele Bullock warns prices are ‘rising strongly for the majority of the goods and services we all consume’

The Guardian - AU · Nov 22, 2023

Stock market today: Asian shares slip in cautious trading following a weak close on Wall Street

Shares are mostly lower in Asia after Wall Street’s rally ran out of momentum

The Independent UK · Nov 22, 2023