The Latest Breaking News from Inflation

Barr predicts ACT will avoid recession as rate hikes hit land sales

Land sales slow as higher borrowing costs bite, Chief Minister says.

The Canberra Times · Jun 23, 2023

Fresh pressure on Rishi Sunak as figures show more small boat crossings this June up on last year

The number of Channel crossings by people in small boats so far this month is now higher than the number for the whole of June last year, figures show

Evening Standard · Jun 23, 2023

A top forecaster predicts the S&P 500 will return just 2% a year after inflation over the next decade

Research Affiliates says today’s stock P/E multiples are doomed to sink back down to earth.

Fortune · Jun 23, 2023

What do the mortgage measures agreed on Friday mean for struggling borrowers?

Extra help has been announced for struggling mortgage borrowers, following a meeting between Chancellor Jeremy Hunt and banks.

The Independent UK · Jun 23, 2023

Markets Brace for Fall-Out from Lagged Effect of Fed’s Rate Hikes

Fed Chair Powell, in his semi-annual testimony to Congress earlier this week, reiterated the Fed’s hawkish theme that the Fed will likely need to push rates even higher to address the inflation threat. The FOMC, at its meeting last week, released its updated dot plot showing that the median forecast...

Barchart · Jun 23, 2023

What do new mortgage measures announced by Jeremy Hunt mean for struggling borrowers?

Extra help has been announced for struggling mortgage borrowers after crunch meeting between Jeremy Hunt and major banks

The Independent UK · Jun 23, 2023

Rishi Sunak forced to acknowledge control of inflation lies with Bank of England

Chancellor agrees ‘mortgage charter’ to help borrowers but Labour says intervention is ‘weak’

The Guardian - UK · Jun 23, 2023

3 Momentum Stocks to Start Watching

The Fed’s multiple rate hikes to curb the stubbornly high inflation have led to heightened recessionary fears. Despite the uncertainties, fundamentally strong stocks ASML Holding (ASML), ASSA ABLOY (ASAZY), and Banco BBVA Argentina (BBAR) have gained momentum and could be worth adding to your watchlists. Read more.

StockNews.com · Jun 23, 2023

House prices are falling, but that doesn't mean you should buy now – here's what first-time buyers should consider

House prices in the UK fell by 3.4% in the last year, the biggest annual fall in nearly 14 years. The inflation-adjusted average house price is now what it was in 2014.

The Conversation · Jun 23, 2023

New mortgage rules announced to cut bill and stop people losing their homes

Chancellor Jeremy Hunt has agreed three key rules with banks and other lenders

Wales Online · Jun 23, 2023