The Latest Breaking News from Inflation

TNERC issues tariff increase order effective July 1; no hike for domestic consumers

In its previous tariff hike order on September 9, 2022, TNERC had approved a methodology for Consumer Price Inflation (CPI) linked tariff revision for FY 2023-24 to FY 2026-27. Based on this, it issued a suo-motu order on tariff for Tangedco.

The Hindu · Jul 1, 2023

Why Trash is Cash for This Recession-Resistant Moat

Though it’s a dirty job, this compelling and pertinent enterprise is more than willing to put some elbow grease down ahead of an ambiguous market environment.

Barchart · Jul 1, 2023

Borrowers on red alert as inflation fight rakes economy

Economists and experts have identified groups at higher risk of serious financial stress and pain as interest rate hikes battle stubborn inflation.

AAP · Jun 30, 2023

US May Core Inflation Moderates To 4.6%, Easing Rate Hike Expectations

PCE price index falls slightly below forecast, dampening investor outlook

Zenger · Jun 30, 2023

The event that will decide the next election has already happened – even if Rishi Sunak doesn’t know it yet

With inflation and mortgage rates painfully high, the government can no longer rely on votes from its blue wall, says Guardian columnist Jonathan Freedland

The Guardian - UK · Jun 30, 2023

Stocks Rally After Favorable Inflation Report

The S&P 500 Index ($SPX ) (SPY ) today is up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.74%. Stocks are higher after this morning’s PCE deflator report was mildly favorable and could...

Barchart · Jun 30, 2023

Sunak rules out taking ‘easy course’ on doctors’ pay rises

The Prime Minister said he will not accept public sector pay deals that ‘make the situation worse’ when it comes to high inflation.

The Independent UK · Jun 30, 2023

US inflation cools, spending stagnates as economy loses steam

The Federal Reserve’s preferred measures of U.S. inflation cooled in May and consumer spending stagnated, suggesting the economy’s main engine is starting to lose some momentum.

Tribune News Service · Jun 30, 2023

Seven key money changes due in July - from mortgage rules to energy prices

There are a number of changes coming into force during July that may impact your money including changes to energy bills and tax credit deadlines.

Daily Record · Jun 30, 2023

Will Fed Stay Hawkish After Today’s Deflator Report?

Inflation remains the most critical indicator for predicting what the Fed and the markets will do through the remainder of this year and into next year. As long as U.S. inflation rates remain persistently high, the FOMC will be forced to maintain its bias toward further rate hikes. By contrast,...

Barchart · Jun 30, 2023