The Latest Breaking News from Inflation

Asian shares are mostly lower as investors experience jitters over global risks after Poland said a Russian-made missile killed two people there

Energy bills drive inflation to 41-year high

Huge spending cuts and tax rises will be unveiled by Jeremy Hunt today as the Chancellor attempts to restore UK economic credibility.

Food prices up by record amount as energy bill support fails to halt rise

Inflation is used to show how much the prices of everyday goods and services have increased over time - when it increases, it means the cost of living is becoming more expensive

EXCLUSIVE: The deputy leader of Glasgow City Council has warned local authority finances are already "beyond stretched".

Bear markets can be brutal and messy. They often don't end until testing the resolve of investors. And even for bears, they aren't easy affairs as evidenced by the stock market's 7% pop following a soft CPI report. They also are necessary and healthy as they cleanse the financial system…

Earlier, the Prime Minister urged bosses to keep down their pay to not exacerbate inflation.

The stock market (SPY) rally since Thursday’s better than expected CPI report has been impressive. And on the surface, it only seems to be bolstered by Tuesdays PPI report. Unfortunately, that would be missing the forest for the trees. Let’s take a much deeper dive into why the Fed needs…

In tonight's edition: As jailed British-Egyptian activist Alaa Abdel Fattah breaks his seven-month-long hunger strike, Egypt's human rights record comes into the spotlight as the COP27 climate summit continues. Also, Senegal recently imposed a price cap on various items from food to rent, as inflation continues to bite, but not…

Despite recession fears and inflation seemingly receding, Griffin says the Federal Reserve should stay the course with interest rate hikes.