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The Latest Breaking News from Inflation

O2 customers threaten boycott over 'just plain greed' price hike

O2 is not the only mobile phone service provides increasing prices

Nottingham Post

Inflation in the Eurozone: is it persisting or falling?

In 2022, the annual inflation rate hit a record level (8.4%) since the Eurozone’s creation in 1999, mostly because of disruptions in the global supply chain and by the energy crisis provoked by the conflict in Ukraine.

The Conversation

Full list of DWP revised weekly payment rates for 2023

State support for individuals rising to keep pace with inflation

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Many Universal Credit claimants to miss out on DWP Cost of Living payments

Hundreds of thousands of people could be "better off earning less", a think tank has warned

Liverpool Echo

Japan's emperor gives first birthday address in four-year reign

Japanese Emperor Naruhito on Thursday gave his first public birthday address since ascending the throne almost four years ago, after delays due to the COVID-19 outbreak, and urged support for people struggling with inflation and the pandemic.

Reuters

Asian stocks rise after Wall St slides on rate hike fears

Asian stock markets are higher following Wall Street's biggest one-day decline in two months

The Independent UK

Fed’s Williams says 2% inflation goal key to taming prices

Federal Reserve Bank of New York President John Williams said it’s critical the U.S. central bank remain committed to its 2% inflation goal, and emphasized monetary policy must bring supply and demand into better balance to lower inflation.

Tribune News Service

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Treasurer looks for inflation solution at G20 summit

Treasurer Jim Chalmers will meet G20 counterparts in India to discuss tackling global inflation and supply-chain challenges spurred by the war in Ukraine.

AAP

Loblaw’s PR response to consumer criticism shows it prioritizes profit over people

Loblaw Companies made headlines in October 2022 for freezing the prices on one of its in-store brands in the face of record food inflation. When the promotion finally ended on Jan. 31, consumers responded negatively to the announcement.

The Conversation

Medibank boss reveals how hackers stole people's data and Qantas posts $1bn first-half profit — as it happened

The markets end lower as company reporting season winds down, with results from Qantas and Medibank making for interesting reading. Here's how the day unfolded.

ABC News

Coles, Woolworths profit surge raises questions over inflation profiteering

The big supermarkets raked in combined profits of more than $1.5 billion over the last six months of 2022. But were they profiteering from inflation or just passing on rising costs?

ABC News

The No. 1 Utilities Stock to Buy for February

Although inflation is still hovering at discomforting levels, the utility sector is expected to fare well due to its stable demand. Therefore, the fundamentally strong utility company Genie Energy (GNE) could help investors secure long-term returns. Hence, this stock might be a solid buy this month. Read on….

StockNews.com

We're in danger of falling into 1970s-style inflation without aggressive interest rate hikes, according to a top Fed official

“If inflation doesn’t start to come down, you risk this replay of the 1970s... Let’s be sharp now, let’s get inflation under control,” St. Louis Fed President James Bullard told CNBC Wednesday.

Fortune

Cost of living Ireland: Families around €1,000 worse off last year due to inflation

Despite a rise in the median income, it was wiped out by the rise in prices of many items worldwide

Dublin Live

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The Guardian - UK

UK inflation could fall below 2% this year, Citi forecasts

Falling gas prices and CPI decline could boost public finances before 2024 general election

StockNews.com

4 Dividend Stocks Yielding More Than 4% to Buy Without Hesitation

With inflation still alarmingly high, the Fed’s rate hikes might continue. This is raising concerns over the possibility of a recession. Therefore, quality dividend-paying stocks Altria (MO), International Paper (IP), ICL Group (ICL), and Spok (SPOK), yielding more than 4%, might be ideal buys now. Read more.

Manchester Evening News

‘Just plain greed’ - Furious O2 customers threaten to boycott over monthly bill update

You may notice a big change in your phone bill come April

StockNews.com

3 Health Care Stocks to Buy This Week if You Haven't Already

Amid persisting inflation and the Fed’s determination to tackle it with restrictive policies, the inelastic demand for the healthcare sector could offer protection in a volatile market. Given healthcare’s solid growth potential, investors might buy fundamentally strong stocks UnitedHealth Group (UNH), CVS Health (CVS), and HCA Healthcare (HCA) this week.…

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The Times of India

Global uncertainty complicates fight against inflation: MPC minutes

MUMBAI: The continuing global uncertainty has complicated the fight against inflation, opined Reserve Bank deputy governor Michael Debabrata Patra during the Monetary Policy Committee meeting held on February 8.

Fortune

Your raise will probably be smaller this year—but you might get more than one

The bad news—neither will be as big as last year’s pay bump.

The Times of India

Investors lose Rs 6.97 lakh crore in 4 days as stock markets fall

NEW DELHI: Domestic equity indices extended their fall for the fourth session in a row, wiping off Rs 6.97 lakh crore of investor's money.

Axios

Most workers are getting raises this year, survey finds

Inflation woes are upping the pressure for wage bumps.

Manchester Evening News

DWP cost of living payments are making some families 'worse off', think tank claims

A think tank described the cost of living payments as “crudely targeted”

Insider UK

Food and drink firms struggle to balance sustainability and cost demands

New survey reveals that many in the sector are simply focused on staying in business, rather than saving the planet

StockNews.com

4 A-Rated Stocks to Buy Before the End of This Month

Sticky inflation might trigger more rate hikes this year, which could keep the stock market under pressure. Hence, investors could consider buying fundamentally strong stocks Stellantis (STLA), Honda Motor (HMC), MasterCraft Boat (MCFT), and Genie Energy (GNE) given the uncertainties. These stocks are rated A (Strong Buy) in our proprietary…

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