The Latest Breaking News from Inflation

Will the ECB Raise Interest Rates on Thursday?

The European Central Bank (ECB) began its 2-day policy meeting today and will announce its interest rate decision on Thursday. Market expectations have swung in recent weeks from nearly no chance for a 25 bp rate hike on Thursday to a better than 50-50 chance of a rate hike, highlighting...

Barchart · Sep 13, 2023

Stocks Slightly Higher after Mixed U.S. CPI Report

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. Stock indexes this morning are slightly higher. Stocks are...

Barchart · Sep 13, 2023

When is the next interest rates announcement and will there be an increase?

To counteract rising inflation, the Bank of England had increased interest rates over the past year until September and there will be a review this Thursday

Evening Standard · Sep 13, 2023

US inflation in August rose to 3.7% amid sharp increase in energy prices

Growth in prices still remains far below the decades-high inflation rates that were seen last summer, when rate peaked at 9.1% in June

The Guardian - US · Sep 13, 2023

$90 Barbie dress helps drives Zara growth

Zara owner Inditex has revealed a sharp rise in profits despite inflationary pressures - thanks in part to a Barbie capsule collection.

Fortune · Sep 13, 2023

Rick Stein defends ‘greedy’ charge for condiments at his fish and chip restaurant

‘Food inflation, energy costs, along with rising wages, has driven up the cost of production significantly,’ Stein’s representatives said

The Independent UK · Sep 13, 2023

Stocks Tread Water Before the Open as U.S. Inflation Data Looms

September S&P 500 futures (ESU23) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.04% this morning as market participants geared up for a key U.S. consumer inflation report that is anticipated to provide further insights into the Federal Reserve’s next steps.

Barchart · Sep 13, 2023

4 reasons why your car insurance premium is soaring

The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.

WEKU · Sep 13, 2023

UK economy shrinks by 0.5% in July amid wet weather and strikes

Manufacturing, services and construction sectors contract for first time since summer of 2022

The Guardian - UK · Sep 13, 2023

Stock market today: Asian shares slide after tech, rising oil prices drag Wall St lower

Shares have declined in Asia after falling on Wall Street ahead of a highly anticipated report on U.S. inflation due later in the day

The Independent UK · Sep 13, 2023