The Latest Breaking News from Inflation

UK inflation expected to fall after grocery price rises ease

Shoppers turning to loyalty schemes like Tesco Clubcard and Sainsbury’s Nectar to help cut costs at checkout

The Guardian - UK · Jul 18, 2023

Grocery price inflation show biggest drop since March peak

The figure fell to 14.9% in the four weeks to July 9, from a peak of 17.5% in March.

The Independent UK · Jul 18, 2023

Australia is on the brink of ending interest rate hikes and an economic first – beating inflation without a recession

What if Reserve Bank Governor Philip Lowe and his successor Michele Bullock were able to achieve something truly remarkable – a steady decline in inflation without further interest rate increases, and without bringing on a recession.

The Conversation · Jul 18, 2023

Double-digit pay rises for public sector workers not inflationary – think tank

The Institute for Public Policy Research says public sector staff should be offered a 10.5% rise.

The Independent UK · Jul 17, 2023

Stock Market Today: Stocks Resume Rally on Easing Recession Fears

The major market indexes enjoyed broad-based gains ahead of a busy week for earnings.

Kiplinger · Jul 17, 2023

Stocks will hit a record high by the end of 2024 as the latest bull market rages on, veteran market watcher says

A "disinflationary soft landing" will send the S&P 500 to a record high between 4,800 and 5,400 over the next 18 months, the veteran market watcher says.

Fortune · Jul 17, 2023

Why the pound has shot up while UK economy is struggling – expert Q&A

When Liz Truss and Kwasi Kwarteng’s tax-cutting mini-budget triggered a UK debt crisis in autumn 2022, the pound plummeted to almost parity with the US dollar. In 2023 the UK has endured weak growth, falling productivity and high inflation, yet the pound has been the strongest performing currency among the…

The Conversation · Jul 17, 2023

4 Insurance Stocks to Add to Your Portfolio

Despite cooling inflation, the Fed is expected to raise interest rates again this month. Since rising interest rates help boost insurers’ profit margins, it could be wise to add fundamentally strong insurance stocks Hannover Rück SE (HVRRY), Reinsurance Group of America (RGA), Sirius Point (SPNT), and International General Insurance Holdings…

StockNews.com · Jul 17, 2023

City fears of global slowdown mount as China’s rebound falters

Closer to home, inflation woes add to feeling of unease ahead of the latest CPI reading this week

Evening Standard · Jul 17, 2023

Piper Sandler Strategist Warns Of Overpriced Market As Investors Ignore Inflation Risk

Rising price multiples and low earnings growth expectations signal potential market correction.

Zenger · Jul 17, 2023