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 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

The Guardian - AU · Aug 4, 2023

Workers Continue to Favor 401(k) Plans Amid Economic Worries

Inflation and market volatility are seen as obstacles to saving for a comfortable retirement, study shows.

Kiplinger · Aug 4, 2023

Are Best Buy (BBY) and Murphy USA (MUSA) Quality Stocks to Own?

While consumers continue to keep the U.S. economic engine running and with inflation cooling down, are specialty retailers Best Buy Co., Inc. (BBY) and Murphy USA Inc. (MUSA) quality stocks to own? Let’s find out….

StockNews.com · Aug 3, 2023

When will interest rates fall? Experts warn of ‘more pain to swallow’ after latest hike

Mortgage rates could remain elevated ‘indefinitely’, analyst says

The Independent UK · Aug 3, 2023

Surging Bond Yields Undercut Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. Stocks this morning added to Wednesday’s losses, with the...

Barchart · Aug 3, 2023

Billionaire investor Bill Ackman says he’s shorting this one asset

The Pershing Square Capital Management CEO said he was preparing for a world where U.S. inflation lingered at around 3%.

Fortune · Aug 3, 2023

OPINION - Post-Brexit border checks delayed again over inflation fears

Finish this sentence for me: Brexit is...? According to the first few results from Google, the answer is:

Evening Standard · Aug 3, 2023

Markets Today: Stocks Weighed Down by Higher Bond Yields

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.28%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.50%, both at 3-week lows. Stock indexes this morning are moderately lower, weighed down by today’s rise in the 10-year T-note yield to an 8-3/4 month...

Barchart · Aug 3, 2023

How the Bank of England's interest rate hikes are filtering through to your finances

The Bank of England has increased interest rates to 5.25%, a level not seen since April 2008 and markedly higher than the all-time lows of 0.1% seen less than two years ago.

The Conversation · Aug 3, 2023