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 · Jul 27, 2023
Politics with Michelle Grattan: ACCI Head Andrew McKellar on industrial relations and boosting Australia's productivity Australia’s inflation moderated somewhat this week. But in economic terms, there will be more tough months ahead for households and for businesses. The Conversation · Jul 27, 2023
US Shoppers Prioritize ‘Wiser’ Purchases, Decrease Impulse Buying Poll reveals 38% of Americans cut back on impulse spending in 2023, opting for more thoughtful purchases amid inflation concerns. Zenger · Jul 26, 2023
Cancel the recession, Fed staff says. Whether the central bank’s governors agree is another matter. "The staff now has a noticeable slowdown in growth starting later this year in the forecast. But given the resilience of the economy recently, they are no longer forecasting a recession," Jerome Powell said. Fortune · Jul 26, 2023
Is the US interest rate tightening cycle finally over? Even as US Fed raised its interest rates again on Wednesday, analysts are split if there will be another hike this year. Al Jazeera · Jul 26, 2023
Fed Resumes Interest Rate Hikes: What the Experts Are Saying A hawkish Federal Reserve dashes hopes for a definitive end to rate hikes soon. Kiplinger · Jul 26, 2023
Fed Hikes Interest Rates By Quarter Point After June Pause The central bank says it is 'prepared to adjust the stance of monetary policy as appropriate if risks emerge.’ Kiplinger · Jul 26, 2023
Kiplinger Inflation Outlook: Lower Inflation in July, but a Pickup Coming inAugust Gasoline prices have risen again and may stay elevated. Plus, other price pressures are emerging. Kiplinger · Jul 26, 2023
US Fed ups interest rates, as Wall Street hopes it’s the final hike before they can come back down The Federal Reserve raised rates by a quarter of a percentage point today Evening Standard · Jul 26, 2023
The Fed's hot pause summer gets an ice bath: Interest rates rise again After taking a pause last month, the Fed got back to raising interest rates. Many are now saying a "soft-landing" is within our sights WEKU · Jul 26, 2023
Fed Expected To Raise Rates, Inflation Remains Top Priority Federal Reserve set to raise rates, reaching the highest level in over 20 years, as inflation remains a key concern. Zenger · Jul 26, 2023
Fed raises interest rates to 22-year high as it continues to fight inflation US economy remains robust despite the 11 rate rises the Fed has implemented – its most aggressive rate-rising cycle in 40 years The Guardian - US · Jul 26, 2023
Investors Await Fed Insights On Inflation As Bitcoin Prepares For Potential Breakout Crypto analyst predicts positive outcome for major cryptocurrencies as FOMC meeting looms Zenger · Jul 26, 2023
Inflation has peaked – but will the RBA stop raising rates and focus on locking in low unemployment? The latest numbers show success in the fight against inflation even as jobs figures remain stable The Guardian - AU · Jul 26, 2023
The Independent UK · Jul 26, 2023 Car buyers bear a heavy burden as Federal Reserve keeps raising rates: Auto-loan rejections are up The Federal Reserve’s expected move Wednesday to raise interest rates for the 11th time could once again send ripple effects across the economy
The Hindu · Jul 26, 2023 Data Point | How The Hindu Data Team used OpenAI’s code Interpreter Data journalists in India face tedious task of transforming PDF files into Excel sheets. OpenAI's Code Interpreter has eased this process, allowing journalists to quickly clean and analyse datasets. It also provides insights into the correct framing of prompts to achieve desired outcomes
The Guardian - AU · Jul 26, 2023 Australia’s falling inflation means interest rates have peaked? Don’t bank on it Yes, consumer price growth has been on the skids since December and was only 5.4% for month of June. But beware inflationary clouds on the horizon
The Guardian - AU · Jul 26, 2023 Afternoon Update: inflation falls but food and rents still rising; 51 whales die in WA; and lower blood pressure with planks Rents nationally experience the biggest quarterly increase since 1988 as Deloitte suggests Reserve Bank lifted interest rates ‘too far’
Zenger · Jul 26, 2023 IMF Forecasts Global Growth Slowdown To 3% Amid Decreasing Inflation Advanced economies bear brunt of slowdown, where growth is likely to fall from 2.7% in 2022 to 1.5% this year and 1.4% next year.
The Conversation · Jul 26, 2023 Underlying inflation has slipped below 6%, but is the slide enough to stop the RBA pushing up rates further? Australia’s inflation rate has fallen for the second consecutive quarter.
The Independent UK · Jul 26, 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 · Jul 26, 2023 A Fed still wary of inflation is set to raise rates to a 22-year peak. Will it be the last hike? Even after inflation has steadily eased this year, the Federal Reserve’s policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday
The Guardian - AU · Jul 26, 2023 Australia’s June quarter inflation falls to 6%, ABS reports Drop was more than expected by economists, increasing likelihood the Reserve Bank will extend its interest rate pause next week
StockNews.com · Jul 26, 2023 How to Trade the 7/26 Fed Announcement? Few events are a greater catalyst for stock price movement than Fed meetings. And the one coming up Wednesday 7/26 closely watched by investors to see if Fed officials are ready for the long awaiting “dovish pivot”. If so, then it bodes well for the recent S&P 500 (SPY) advance.…
Barchart · Jul 25, 2023 Where are Home Prices Headed for the Remainder of 2023 and Beyond? After peaking during the pandemic, housing sales have slowed but prices remain elevated. Where is the housing market headed?