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The Latest Breaking News from Inflation

Biden took jobless rate to 3.5%, but for how much longer?

President Joe Biden keeps seeing good economic news and bad public approval ratings

The Independent UK

Value Investing and Values-Based Investing Gain Momentum

Investors are looking for stocks that are underpriced, and more of them want to invest not just in value, but also in values.

Kiplinger

Cost of Easter rises in UK as inflation hits chocolate eggs and hot cross buns

Traditional roast lamb will also make a bigger dent this year as lamb and goat prices climb by 9.4%

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Why supply chain problems do not cause inflation

Though there is some correlation, it is wrong to say supply chain disruptions are a primary cause of inflation

Newsroom.co.nz

Jobs report hints that Fed policy is paying off – and that a 'growth recession' awaits

The latest jobs report is in, and the good news is Federal Reserve policy on inflation appears to be working. The bad news is Fed policy on inflation appears to be working.

The Conversation

Jobs Report Shows Pace of Hiring Slowed in March: What the Experts Are Saying

The jobs report showed the lowest level of hiring in more than two years.

Kiplinger

Government treating teachers in England with contempt over pay offer, says union

NASUWT general secretary says ministers ‘not serious about compromising’ in last month’s talks

The Guardian - UK

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US adds 236,000 jobs in March as labor market weakens

March saw fewer jobs added to economy compared with February as effects of Fed’s interest rate increases are felt

The Guardian - US

Will cost-of-living squeeze see an 'awful April'?

An extra £88 a month (£1,000 a year): that’s what millions of us are going to have to start paying this “awful April”, as people are calling it, said George Nixon in The Times. It will come in the form of rising bills for energy, phone, water, broadband and council…

The Week

Inflationary pressures hit breakfast as Ulster fry price soars by 20%

Ulster Bank's bellwether measurement for the agri-food sector reflects an increase in a range of food stuffs

Birmingham Post

NI Chamber: Business confidence soars as inflation pressures ease

An easing in energy costs has helped boost sentiment

Birmingham Post

Department of Housing defends €1bn underspend and blames it on Covid-19, inflation and Ukraine war

Labour leader Ivana Bacik, meanwhile, suggested that the underspend indicated that Housing Minister Darragh O’Brien was “out of his depth”

Dublin Live

Gloomy global economy forecasted ahead of budget

Treasurer Jim Chalmers is warning of economic uncertainty with spiking global inflation and interest rates spurred by war in Ukraine ahead of the May budget.

AAP

Are inflation pressures easing? Jobs report may offer clues

For more than a year, the Federal Reserve’s inflation fighters have been tightening their grip on the American economy with nine straight interest rate hikes

The Independent UK

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The Independent UK

Buenos Aires airport turns into unofficial homeless shelter

The Jorge Newbery International Airport in the Argentine capital has practically become a homeless shelter at night

Fortune

The economy has a ‘throat ache’ that ‘could get worse before it gets better,’ top economist warns

EY-Parthenon’s Gregory Daco is worried about a recession amid stubborn inflation, rising interest rates, and the banking crisis.

Kiplinger

IRS $80 Billion Plan Targets Taxpayer Compliance, Improved Service

The IRS unveiled its much-anticipated strategic operating plan detailing how the agency will spend $80 billion in funding allocated over 10 years under the Inflation Reduction Act.

McClatchy Washington Bureau

‘Total and complete disaster’: DeSantis takes rhetorical aim at Fed Chairman Powell

WASHINGTON — Ron DeSantis has found a new rhetorical target as he prepares for a potential presidential bid: Federal Reserve Chairman Jerome Powell.

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Wales Online

City deal projects worth £1.24bn facing extra costs and potential delays as construction bills rise

All projects in Wales and further afield are being affected by inflation but the city deal projects are said to be going ahead as planned

Evening Standard

Summer may still be chilly for the British economy

City Comment: Inflation and the direction of interest rates remain great unknowns, but the signs are not good

Manchester Evening News

The DWP benefits including Universal Credit and PIP rising after the Easter weekend

Every year, benefits are subjected to an increase that is in line with the recorded inflation for the previous September

The Independent UK

‘Slower start’ for Robert Walters as economic uncertainty affects recruitment

The firm said total net fee income increased by 4% to £102.4 million over the first three months of 2023.

The Guardian - UK

UK house prices rise again in March; Tui says Easter and summer bookings strong – as it happened

House prices rise for third month in a row as annual rate slows to lowest in three and a half years

Dynamite News

RBI decides to keep repo rate unchanged at 6.5 pc

The Reserve Bank of India has decided to keep the key benchmark interest rate - repo rate - unchanged at 6.5 per cent with readiness to act should the situation so warrant, Governor Shaktikanta Das announced on Thursday, after a two-day monetary policy (MPC) meeting. Read further on Dynamite News:

The Independent UK

‘Sharp shock’ for Britain’s high streets in March as shoppers only make essential trips

Inflation is ‘bad news for the fashion, lifestyle and homewares’

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