The Latest Breaking News from Inflation

Ministers under fire as maintenance loans go up by just 2.3 per cent – when inflation is 10.2 per cent

Rise in cost of essentials will hit poorer households, already struggling with higher energy bills, hardest

Fresh food prices are now 14.3% higher than last November, driven by the cost of meat, eggs and dairy.

"This year has probably been the hardest. People don't have the money, with inflation going up and the increase in food costs."

Instead of redirecting course, Biden is continuing Trump’s spending legacy.

The Fed will likely slow down its aggressive monetary policy as inflation shows signs of cooling down. Moreover, analysts at Goldman Sachs believe that there is a possibility of a ‘soft landing’ next year. Therefore, investors should consider increasing their investments in fundamentally sound stocks, AT&T (T), Acuity Brands (AYI),…

With inflation showing signs of cooling down, the Fed will likely relax its aggressive monetary policy. Moreover, many are hopeful that the economy might witness a soft landing. While we believe investors should buy fundamentally sound small-cap stock CSW Industrials (CSWI), WeWork (WE) might be best avoided considering the market…

The RBA had done all that could be done with monetary policy to fight the possibility of recession/depression from a global pandemic

The change could calm widespread protests, and would ease the impact to a world economy already struggling with high inflation, an energy crisis and disrupted food supply.

November’s figure is the lowest since July and indicates that Americans are taking a more gloomy view of the economy.

Bank of America says a “mild recession” will raise the unemployment rate to 5.5% next year and cool inflation.