The Latest Breaking News from Inflation

Why central banks should stop raising interest rates

Mortgage borrowers breathed a sign of relief following a recent pause in the Bank of England’s 14-month campaign of base rate hikes.

The Conversation · Sep 27, 2023

Jamie Dimon is worried economies can't control how much damage geopolitical tensions may cause: 'We haven't seen this since World War II'

“We have dealt with inflation before, we dealt with deficits before, we have dealt with recessions before—and we haven’t really seen something like this pretty much since World War II,” the JPMorgan CEO said.

Fortune · Sep 27, 2023

Aust stocks edge lower, not budged by inflation report

The local share market has finished 0.1 per cent lower, as a monthly consumer price index report came in "bang on expectations".

AAP · Sep 27, 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 · Sep 27, 2023

UK economy ‘will shrink for two years as eurozone and US grow’

Thinktank chief and former Bank MPC member gloomy about stubborn inflation and labour shortages

The Guardian - UK · Sep 26, 2023

How stereotyping increases during economic crises

It’s been almost exactly 15 years since Lehmann Brothers declared bankruptcy, marking the height of the financial crisis. Since then, we’ve entered the era of the “polycrisis” – where several catastrophic events are happening at once. We’re dealing with the aftermath of a pandemic, a war in Ukraine, extreme weather…

The Conversation · Sep 26, 2023

Universities and students in Kentucky feeling the sting of inflation

Inflation continues to be a problem across Kentucky. It is hitting more than just individuals, colleges and universities are also feeling the sting.

WEKU · Sep 26, 2023

Macron is pushing Europe into $900 billion fight with China

The European Union’s new, tougher approach to China is being shaped by French concerns that Beijing’s trade practices have started to pose a critical threat to core industries.

The Times of India · Sep 26, 2023

Scientists estimate how many lives cost of living crisis may have claimed in UK

‘The mortality impacts of inflation and real-terms income reduction are likely to be large and negative’

The Independent UK · Sep 26, 2023

The Albanese government blew its shot at setting a historic new unemployment target

Treasurer Jim Chalmers says the federal government’s employment white paper is “ambitious”. I’m not convinced.

The Conversation · Sep 26, 2023