The Latest Breaking News from Inflation

S&P Futures Climb as Bond Yields Fall Ahead of Key U.S. Inflation Data

December S&P 500 futures (ESZ23) are trending up +0.43% this morning as dovish-leaning remarks from Fed officials and reports of a potential meeting between U.S. and Chinese leaders boosted sentiment while investors looked ahead to a reading on the Federal Reserve’s preferred inflation gauge.

Barchart · Sep 29, 2023

Inflation drops sharply in Europe. It offers a glimmer of hope, but higher oil prices loom

Inflation is down in Europe

The Independent UK · Sep 29, 2023

UK Treasury minister defends tax plans in face of biggest rise on record

Andrew Griffith says government will stick to spending proposals despite growing pressure to cut taxes

The Guardian - UK · Sep 29, 2023

Immigration worries hit six-year high as pensioners and Tories express concern

The economy remains the number one issue in the UK, but worries about inflation appear to have eased.

The Independent UK · Sep 28, 2023

Texas “Ike Dike” coastal barrier project could cost $57 billion with inflation, Army Corps says

The latest figure is 68% higher than an earlier estimate of $34 billion, and it’s unclear when — or whether — Congress will appropriate the money to build the massive system of gates intended to protect the Houston region from storm surge.

The Texas Tribune · Sep 28, 2023

Morgan Stanley’s chief investor says the market is stuck in ‘purgatory’ as everyone awaits a recession or rebound in growth

Mike Wilson fears that investors have become overly optimistic after so many 'erroneous' recession predictions, and more stock market pain is coming.

Fortune · Sep 28, 2023

Interest rates: Monetary policy is always political as central banks opt to back the financial sector

As the Bank of Canada prepared to announce its decision on interest rates in early September, Tiff Macklem, the bank’s governor, received imploring letters from premiers spanning both the country and the political spectrum.

The Conversation · Sep 28, 2023

Deutsche Bank studied 34 past U.S. recessions to identify key warning signs and found that all 4 are flashing red right now

Based on a study of the U.S. economy since 1854, Deutsche Bank created “hit ratios” that show how often key macroeconomic triggers have caused recessions.

Fortune · Sep 28, 2023

Oil prices edge higher as global demand reignites inflation worries

Brent crude oil surpassed $97 per barrel on Thursday, edging toward the 100 dollar mark which was last hit more than a year ago

The Independent UK · Sep 28, 2023

Oil prices jump again leading to energy cost fears

OIL prices jumped to near year highs today, prompting talk that inflation could return and already hard-pressed motorists could be squeezed yet further.

Evening Standard · Sep 28, 2023