The Latest Breaking News from Inflation

Bidenomics Gains Momentum As Strong Economic Data Validates Policy

Noted economist Paul Krugman highlights robust job growth and falling inflation as indicators of success.

Zenger · Aug 1, 2023

Investors Bet On Fed Rate Hike Pause As September Meeting Approaches

Wall Street economists predict a temporary halt in rate hikes due to softening labor market and mild inflation data.

Zenger · Aug 1, 2023

Rishi Sunak should think about his RAF jet pilot’s pay

Brief letters: Public sector pay | Sloughvian demonyms | Fond memories of Sindy | Property inflation | Farage farrago

The Guardian - UK · Aug 1, 2023

Rate hikes may have slowed inflation in the US – but they have also heightened the risk of financial crises for lower-income nations

The campaign to fight U.S. inflation by upping interest rates has been going on for a year and a half – and its impacts are being felt around the world.

The Conversation · Aug 1, 2023

UK house prices fall at fastest annual rate for 14 years

The price of a typical home is now 4.5 per cent below the August 2022 peak

Evening Standard · Aug 1, 2023

UK recession fears swirl as factory output falls and house prices slide – as it happened

Nationwide reports average house prices fell 3.8% in year to July, biggest annual drop in 14 years, while manufacturers suffer worst month of 2023

The Guardian - UK · Aug 1, 2023

Recession fears as house prices slump and manufacturers suffer worst month since lockdown

Price of a typical home is now 4.5 per cent below the August 2022 peak

The Independent UK · Aug 1, 2023

UK house prices fall at fastest annual rate in 14 years

The price of a typical home is now 4.5% below the August 2022 peak, Nationwide Building Society said.

The Independent UK · Aug 1, 2023

Stock market today: Asian benchmarks boosted by Wall Street's latest winning month

Asian shares have mostly risen, boosted by market optimism set off by a Wall Street rally despite lingering worries about regional growth

The Independent UK · Aug 1, 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 1, 2023