The Latest Breaking News from Inflation

Stock Index Futures Move Higher Ahead of U.S. Inflation Data

September S&P 500 futures (ESU23) are up +0.19%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.23% this morning as investors awaited a crucial U.S. inflation report that will heavily influence market expectations regarding the Federal Reserve’s future monetary policy actions.

Barchart · Jul 12, 2023

It's back-to-school shopping time, and everyone wants a bargain

Spending on back-to-school supplies is predicted to decline this year, for the first time since 2014. With inflation top of mind, parents and teachers are looking for ways to save money.

WEKU · Jul 12, 2023

Allot T.N. 10,000 MT wheat, tur dal a month, CM Stalin requests Union Food Minister

TN CM Stalin requests Union Minister Goyal to allot 10,000 MT of wheat & tur dal/month to control rising prices. He urges Union govt. to expedite efforts to import these products due to domestic shortage. TN govt. has floated bids & taken up measures to supply food items below market…

The Hindu · Jul 12, 2023

Rising UK interest rates threaten Sunak’s fiscal plans, OBR to warn

Inflation and borrowing costs make it less likely PM will be able to tackle debt or cut tax

The Guardian - UK · Jul 12, 2023

Reserve Bank Governor Lowe announces changes to bank's operations as cabinet readies to approve who will lead it

Reserve Bank Governor Philip Lowe has announced a raft of reforms the bank will make following the recent review of its operations, as the government prepares to announce who will lead it after his term expires in September.

The Conversation · Jul 12, 2023

US inflation is believed to have slowed sharply in June in a further sign of easing price pressures

U.S. inflation is expected to post its lowest level in more than two years in a report being released Wednesday — a slowdown that, if sustained, could lead the Federal Reserve to halt its interest rate hikes later this year

The Independent UK · Jul 12, 2023

The inflation hoodwink

Peter McGahan, chief executive of Cornwall-based Worldwide Financial Planning speaks about inflation

Birmingham Post · Jul 12, 2023

A Bearish Investor Ponders the Bull Case for Stocks

Steve Reitmeister is by no means a permabear...but its hard for him to give up his economics background and turn away from the bearish evidence in hand. However, with the S&P 500 (SPY) up more than 20% from the October lows its time for some honest reflection of the current…

StockNews.com · Jul 11, 2023

Sunak insists he will take responsible approach to public pay deals

Rishi Sunak said the Government had to live within its means and any pay award had to be affordable.

The Independent UK · Jul 11, 2023

Rishi Sunak says he could snub recommended pay hike for police, troop and nurses

The Prime Minister indicated he could overrule proposals from independent Pay Review Bodies into how much of a wage hike public sector workers should receive

Daily Mirror · Jul 11, 2023