The Latest Breaking News from Inflation

Will Elevated U.S. CPI and Strong Labor Market Keep the Fed Hawkish?

The 10-year T-note yield last Friday posted a 16-year high of 4.885% and is up more than +100 bp this year. Elevated U.S. consumer prices and a surprisingly strong labor market have bolstered expectations for the Fed to keep interest rates higher for longer. Resilient demand in the U.S. economy...

Barchart · Oct 9, 2023

Gen Z may be left permanently psychologically scarred by high inflation, research says—and it could slow down efforts to bring spiraling costs under control

Experts warned that economic conditions and young people’s expectations could fuel demand that pushes prices even higher.

Fortune · Oct 9, 2023

Inflation affecting Kentucky auto repair customers, shop owners

Summer numbers from the Consumer Price Index showed auto repair costs jumped nearly 20 percent in the previous year alone.

WEKU · Oct 9, 2023

Electricity bill rises in ACT kept just below inflation over past year

Gas costs rose by 14 per cent, well above inflation.

The Canberra Times · Oct 8, 2023

Retail inflation likely eased in September, but may be higher than RBI hopes

India’s retail inflation is likely to have retreated below 6% in September after two months over the central bank’s tolerance threshold.

The Hindu · Oct 8, 2023

October dates for benefits, pensions and cost of living payments

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

The Independent UK · Oct 8, 2023

Congress public meeting on Sept. 17 proved Telangana is looking for change: Chidambaram

Had the Congress come to power in 2014, Telangana’s progress would have been at a different level, he said.

The Hindu · Oct 7, 2023

October dates for benefits, pensions and cost of living payments

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

The Independent UK · Oct 7, 2023

Buckle up for more ‘turbulence’ in the housing market, BofA says—it’s a housing recession, 1980s-style

“Looking back at previous housing recessions, we think the 1980s are a better analogy for today's market than the 2008 housing crash,” BofA economists said.

Fortune · Oct 6, 2023

Rishi Sunak ‘responsible for biggest income tax rise in at least 50 years’

Resolution Foundation analysis claims stealth move of freezing tax thresholds will raise £40bn a year

The Guardian - UK · Oct 6, 2023