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 7, 2023
Fed’s Bowman Says Inflation And These 2 Factors Could Guide Future Monetary Policy Action The next Federal Reserve rate-setting meeting is scheduled for Sept Zenger · Aug 6, 2023
Rising food prices may undo recent respite from inflation Consumer price inflation (CPI) had, however, risen to a three-month high of 4.8% in June owing to a spurt in food prices. The Hindu · Aug 6, 2023
What Is Deflation? Deflation worries are ramping up as prices fall following a lengthy period of persistent inflation. Here, we take a closer look at what deflation is and if investors should worry. Kiplinger · Aug 6, 2023
Kwasi Kwarteng reveals he has been hit by aftershock of his own budget Former chancellor says his tracker mortgage has gone up ‘a great deal’ but denies responsibility The Independent UK · Aug 6, 2023
Tesco shopper stunned at food price rises after finding old 1997 receipt The entire grocery bill was only £27.26 and a far cry from the soaring grocery bills in 2023 The Independent UK · Aug 6, 2023
Is Germany’s great economy sinking into ‘slowcession’? Key data this week will offer a hint as to whether the eurozone’s powerhouse can shake off recent stagnation The Guardian - UK · Aug 5, 2023
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 5, 2023
Help with UK energy bills unlikely this winter, suggests Grant Shapps Energy secretary says government wants to focus on cutting taxes once inflation falls The Guardian - UK · Aug 5, 2023
Stocks Move Lower After a Rocky Week of Trading What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.26%. Amazon.com is up +9% after reporting earnings. However, gains... Barchart · Aug 4, 2023
Consumers Spending More, Still Reeling from Inflation: Kiplinger Economic Forecasts Consumers are shopping more during major online sales, but While total sales are up, the average purchase cost dipped. Kiplinger · Aug 4, 2023
Are These 3 Tech Stocks Good Buys for August? As cooling inflation improves market sentiments, rapid digitization of business operations and the growing usage of advanced technologies are bolstering the demand for tech services. But are quality tech service providers Box, Inc. (BOX), NetScout Systems (NTCT), and GigaCloud Technology (GCT) good buys this month? Let’s find out…. StockNews.com · Aug 4, 2023
The case for a soft landing in the economy just got another boost U.S. employers added 187,000 jobs in July, a slower but still solid pace of growth, suggesting the Federal Reserve may be able to curb inflation without triggering a recession. WEKU · Aug 4, 2023
Top 3 Consumer Stocks to Own in August The consumer goods industry has been steadily sailing through strong macroeconomic headwinds. Given the current market backdrop of falling inflation, adding fundamentally robust consumer goods stocks Kimberly-Clark de México (KCDMY), Ennis, Inc. (EBF), and Acme United Corp. (ACU) to your portfolios could be wise. Continue reading…. StockNews.com · Aug 4, 2023
The Guardian - UK · Aug 4, 2023 Fears of food inflation rise as UK harvests hit by cool, wet summer Farmers warn wheat, oilseed rape, potatoes and other crops have been affected after wettest July on record
Kiplinger · Aug 4, 2023 Jobs Report Shows Pace of Hiring Slowed in July: What the Experts Are Saying A mixed jobs report should keep the Fed on track to leave interest rates unchanged at its next meeting, experts say.
Barchart · Aug 4, 2023 Stocks Rally as Bond Yields Fall on Smaller U.S. Payrolls and Fed Comments What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. Stocks this morning are moderately higher. A smaller-than-expected increase...
The Conversation · Aug 4, 2023 UK interest rates: crashing the economy is no way to bring down inflation The Bank of England (BoE) has raised interest rates once again to 5.25%, mirroring similar moves by the Federal Reserve and the European Central Bank. The fact that the UK is still suffering from high inflation – higher than either the US or eurozone – made another rate rise appear…
Fortune · Aug 4, 2023 How Aflac helps its employees deal with inflation’s toll on mental health Inflation and higher interest rates put a toll on employee mental health, an Aflac report finds.
The Guardian - UK · Aug 4, 2023 Hopes of ‘soft landing’ as US jobs growth slows; UK economy caught ‘in low-growth trap’ – as it happened Fewer jobs created last month than expected, but economists hope the US can avoid recession
The Independent UK · Aug 4, 2023 Stock market today: Asian stocks mixed ahead of US jobs update following British rate hike Asian stocks markets are mixed ahead of a U.S. jobs update that could influence interest rate plans after Britain’s central bank raised a key rate
The Independent UK · Aug 4, 2023 Why have interest rates gone up, what does it mean and will they come down? Today the Bank of England’s Monetary Policy Committee decided to increase the base interest rate from 5% to 5.25%
The Independent UK · Aug 4, 2023 Shadow chancellor Rachel Reeves says interest rates a ‘hammer blow for working people’ Rachel Reeves says rise in base rates did not need to happen as government targets halving inflation
The Independent UK · Aug 4, 2023 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 Guardian - AU · Aug 4, 2023 RBA predicts weaker economy for the rest of 2023 as cost of living pummels households The Reserve Bank’s latest update predicts wage growth to remain steady but rent inflation will increase