The Latest Breaking News from Inflation

In the face of soaring inflation and repeated rate hikes, benchmark indices have witnessed an apparent freefall in 2022. However, investor sentiment toward consumer staples stocks remains intact. Therefore, fundamentally sound consumer staples stocks Casey's General Stores (CASY) and Ingles Markets (IMKTA) could be ideal buys in a challenging market.…

The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years. It was the central bank’s sixth rate hike this year.

Federal Reserve Chair Jerome Powell opened a new phase in his campaign to regain control of inflation, saying US interest rates will go higher than previously projected, but the path may soon involve smaller hikes.

Federal Reserve officials delivered their fourth straight 75 basis-point interest-rate increase while also signaling their aggressive campaign to curb inflation could be approaching its final phase.

Germany will introduce a nation-wide transport ticket for 49 euros ($48) a month from January, Transport Minister Volker Wissing said on Wednesday, with the aim of cutting CO2 emissions and helping citizens cope with soaring inflation.

The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 3.75% and 4%, its fourth 0.75% rate hike in five months.

The Bank of England's decision tomorrow (November 3) could push up monthly repayments for millions of homeowners

Fed officials have now imposed the sharpest increases in interest rates since the 1980s, as the cost of living crisis batters consumers

The merger and acquisition market has slowed dramatically in recent months as market volatility and persistently high inflation has prompted dealmakers to take a more conservative approach to M&A.

Food inflation soared to a record 11.6 per cent in October

It could again push up the amount that millions of mortgage holders have to pay their banks every month