The Latest Breaking News from Inflation

August dates for DWP cost of living payments, benefits and pensions

Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall

The Independent UK · Aug 27, 2023

Global inflation pressures could become harder to manage in coming years, research suggests

Rising trade barriers

The Independent UK · Aug 27, 2023

Will Interest Rates Remain High?

The 2020 global pandemic caused interest rates to fall to historical lows as the U.S. and other worldwide central banks provided an unprecedented liquidity tidal wave. The tsunami of government stimulus only increased the money supply and planted inflationary seeds that bloomed and caused the hawkish response since March 2022.…

Barchart · Aug 26, 2023

Stocks End Higher on a Neutral Speech from Fed Chair Powell

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.67%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.85%. Stocks on Friday recovered from early losses and settled...

Barchart · Aug 25, 2023

I pitted ChatGPT against a real financial advisor to help me save for retirement—and the winner is clear

ChatGPT could revolutionize financial planning, but it won't replace human guidance.

Fortune · Aug 25, 2023

Stock Market Today: Powell Speech Sends Stocks on Roller-Coaster Ride

Stocks popped then dropped after the Fed chair warned that more rate hikes could come down the pike, but then stabilized into the close.

Kiplinger · Aug 25, 2023

The Fed Remains Prepared to Raise Rates Further If Needed, Powell Says

The central bank remains committed to reaching its 2% inflation target.

Kiplinger · Aug 25, 2023

How to Play this Stock Market Dip?

Investing was a lot more fun during the non-stop rally between March and July. August has brought a long over due correction to the S&P 500 (SPY). The key for investors is figuring out when to buy this dip, and what are the best picks. Steve Reitmeister shares his thoughts…

StockNews.com · Aug 25, 2023

Dollar Strengthens with T-Note Yields

The dollar index (DXY00 ) on Friday rose by +0.08% and posted a new 2-1/2 month high. The dollar found support Friday from higher bond yields after the University of Michigan U.S. Aug inflation expectations unexpectedly rose, which is hawkish for Fed policy. Gains in the dollar were limited on...

Barchart · Aug 25, 2023

Two economists from different camps see peril in Fed Chair Jerome Powell’s comments on inflation and interest rates from Jackson Hole

The Fed chair’s “long way to go” concept is wrongheaded, because at the current clip, inflation is already running near the Fed’s target, say two top economists.

Fortune · Aug 25, 2023