The Latest Breaking News from Inflation

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

The Guardian - AU · 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.…

StockNews.com · Jul 26, 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?

Barchart · Jul 25, 2023

U.S. consumer confidence jumps to a two-year high as inflation eases

U.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased and the American economy continued to show resilience in the face of dramatically higher interest rates

The Independent UK · Jul 25, 2023

UK interest rates need to stay higher for longer to beat inflation, says IMF

US Fed will also have to raise rates more aggressively than forecast, says Washington-based body

The Guardian - UK · Jul 25, 2023

Fed July Meeting: Will Powell Kill the Stock Rally?

The Fed's July meeting starts today and most traders expect a 25-basis point rate hike. Could Fed Chair Jerome Powell play the rally-killer yet again, or give traders more reasons to buy?

Barchart · Jul 25, 2023

Morgan Stanley's Mike Wilson admits he 'was wrong' about the S&P 500 as the index is close to erasing 2022's plunge

For months, Mike Wilson, chief investment officer for Morgan Stanley, has warned that the rally in U.S. equities was a mirage, even as stocks kept rising.

Fortune · Jul 25, 2023

Fresh hope mortgage mayhem is ending as HSBC becomes first major lender to cut rates

It follows last week’s long-awaited good news on the cost-of-living crisis, when the rate of inflation fell more quickly than expected

Evening Standard · Jul 25, 2023

Nigel Farage says NatWest management ‘should go’ after CEO Rose admits discussing his bank account with BBC – as it happened

Dame Alison Rose admitted to serious error in discussing Nigel Farage’s relationship with Coutts with a BBC journalist.

The Guardian - UK · Jul 25, 2023

No special facilities being provided to jailed Minister Senthilbalaji: T.N. Law Minister Regupathy

Tamil Nadu Law Minister S. Regupathy claims jailed Minister V. Senthilbalaji is being provided with "A" class facilities in Central Prison, Puzhal. He denies reports of special facilities and says TN Prison Dept. would never provide such luxuries. He also states DMK govt. has kept inflation under control and those…

The Hindu · Jul 25, 2023