Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from Inflation

Interest rates to rise today to highest level in 15 years

It will be the 12th consecutive increase in the cost of borrowing - including mortgages

Wales Online

The Debt Ceiling Fight Is a Reminder of America's Dire Fiscal Future

The longer we wait to address our debt, the more painful it will be.

Reason

1.5m UK homeowners on variable rate mortgages face new borrowing rise

Poll of City analysts shows unanimous expectation of Bank of England raising interest rates to 4.5%

The Guardian - UK

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

Has Jim Chalmers’ budget really poured fuel on the inflation fire? Don’t believe the hype

Headlines stoked fears of ‘stimulatory’ measures but you only need to look at the big banks and markets to see the reception was calm

The Guardian - AU

G7 finance ministers tackle global economic challenges as Yellen seeks to reassure on debt standoff

The financial leaders of the Group of Seven wealthy nations are meeting in Japan as a standoff over the U.S. debt ceiling looms as one of the biggest potential threats to the global economy

The Independent UK

Rishi Sunak risks missing target to halve inflation, NIESR warns

Leading thinktank sounds alarm over cost of living crisis with poorest £4,000 worse off in 2023 than before Covid pandemic

The Guardian - UK

Did Treasurer Jim Chalmers keep his facts straight in this week's budget speech?

Treasurer Jim Chalmers used his budget speech this week to spruik the government's credentials and programs. But did he keep his facts straight?

ABC News

Read news from The Economist, FT, and more,
with one subscription

Leaders navigating an uncertain world

Business leaders across the globe are regularly asking themselves some form of the following four questions:

Bangkok Post

ASX slips after mixed day on Wall Street as inflation cools — as it happened

Local shares slipped on Thursday, after overnight news that US inflation is cooling but still too high. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

ABC News

Google to integrate chatbot into search engine as AI race heats up

Google will begin using its AI chatbot in its search engine, as it seeks to catch up with rivals in the fast-growing sector. The announcement came on the eve of a European vote on new regulations for artificial intelligence. Also in the show: US inflation drops below 5 percent for…

France 24

Fed's Barkin: Inflation still 'stubbornly high' and isn't easing fast enough toward 2% target

Inflation remains “stubbornly high” and is no longer making much progress toward the Federal Reserve’s 2% target, a top Fed official said Wednesday, hours after price data for April were released

The Independent UK

Stock Market Today: Stocks Lose Steam After CPI Report

Stocks wavered after the April CPI report supported the case for the Fed to stop raising rates – but not cut them.

Kiplinger

No, the budget does not make further interest rate rises more likely

Inflation, as Prime Minister Anthony Albanese has said, is “a tax on the poor”.

The Conversation

Michael Pascoe: Still waiting for the real budget boot to drop

There’s some interesting stuff, some good things, some “spinning”, and there are certainly things to be disappointed about in the budget.

The New Daily

Get all your
news in one place.

100's of premium titles.
One news app.

Chronicle Live

Northumberland council defies odds to deliver budget underspend despite inflation

A £17 million overspend was predicted as late as September - but the council has managed to make huge savings

StockNews.com

2 Momentum Stocks to Buy for Maximum Profits

The Fed’s aggressive stance toward taming stubbornly high inflation and recessionary fears has weighed significantly on investors’ sentiments. Despite market volatility, quality momentum stocks PulteGroup (PHM) and YPF Sociedad (YPF) look poised to sustain the gains. Read on.

Kiplinger

April CPI Report: What the Experts Are Saying About Inflation

A lower-than-expected CPI report helps the case for the Fed to pause in its campaign of rate hikes.

Reason

Inflation Ticks Higher in April as Rents Keep Rising

Is this the new normal, and will Joe Biden pay a political price for it?

Get all your
news in one place.

100's of premium titles.
One news app.

The Times of India

US inflation shows signs of moderating, giving Federal Reserve room to pause

WASHINGTON: US inflation showed signs of moderating in April, giving the Federal Reserve room to pause interest-rate increases soon.

Bangkok Post

US inflation down only marginally

WASHINGTON: Consumer inflation in the United States nudged down only slightly in April, the Labor Department said on Wednesday, despite strong efforts to cool the economy and rein in price increases.

WEKU

Inflation stayed high last month, compounding the challenges facing the U.S. economy

Consumer prices in April were 4.9% higher than a year ago, according to the Labor Department. Prices rose 0.4% between March and April.

The Conversation

The day after the night before - Chalmers and Taylor on the budget

Will the budget make inflation worse? Are its boosts to welfare payments just the first step for the Labor government? Could the projected one-off surplus be followed by another one or more? What (if any) of the budget measures will the Coalition oppose? There’s quite a bit about this budget…

Evening Standard

Federal Reserve’s strategy ‘appears to be working’ as US inflation dips to 4.9%

Inflation in the US came in slightly below expectations at 4.9% in April, offering a boost to investors’ views that the Federal Reserve is close to its goal of bringing prices under control, and may safely pause its cycle of rate hikes.

The Guardian - US

US inflation beat forecasts in April but remained high at 4.9%

Annual rate has fallen sharply since hitting 40-year high last June but prices are still rising at a rate over twice the Fed’s target

Wales Online

Interest rates latest and what it means for your mortgage, savings, and bills with changes expected this week

Another increase to interest rates is likely this week – but there is hope on the horizon for struggling households

1 … 572 573 574 575

People

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

Organisations

the Australian Bureau of Statistics

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.