The Latest Breaking News from Inflation

‘This is going to sting’: What will mortgage chaos mean for homeowners and renters?

Current rates of nearly 6 per cent causing equivalent ‘stress’ to double-digit rates of 1980s, Andy Gregory writes

The Independent UK · Jun 14, 2023

Taking a breather: Fed holds interest rates steady in patient battle against inflation

After 10 straight rate hikes, the Federal Reserve left interest rates unchanged Wednesday, but hinted that additional rate hikes are possible if inflation remains stubbornly high.

WEKU · Jun 14, 2023

Federal Reserve officials announce pause in US interest-rate hikes

Even with the pause, Fed officials suggest further increases may come depending on how close economy gets to 2% inflation target

The Guardian - US · Jun 14, 2023

Rise in UK insolvencies blamed on issues such as inflation and lack of government support

The worst affected areas have seen a fivefold increase

Birmingham Post · Jun 14, 2023

Inflationary pressures continue to ease, producer prices drop 0.3%

Wholesale prices in the United States dropped 0.3% from April to May, another sign that inflationary pressures continue to ease in the face of repeated interest rate hikes by the Federal Reserve

The Independent UK · Jun 14, 2023

What you should know as the Fed nears the peak of its rate-hiking cycle

The Federal Reserve’s likely decision Wednesday afternoon to leave interest rates alone for the first time in 11 meetings will raise hopes that it may be nearing the end of its rate-hiking campaign to cool inflation

The Independent UK · Jun 14, 2023

Who will get the blame for UK mortgage misery?

The government has ordered banks to protect people struggling to pay their mortgages as interest rates were predicted to rise as high as 6% by the end of the year.

The Week · Jun 14, 2023

UK has no choice but to raise interest rates to curb inflation, says Jeremy Hunt

Chancellor gives unstinting support to Bank of England as households brace for borrowing costs to rise again

The Guardian - UK · Jun 14, 2023

What CFOs need to know about the latest inflation and wage growth data

Economists weigh in on interest rates and new research that points to labor costs having a small effect on overall inflation.

Fortune · Jun 14, 2023

3 Gold Stocks to Buy for June

Gold is considered a hedge and safe-haven asset in periods of high inflation and economic uncertainty. Amid a volatile economic backdrop, it could be wise to add fundamentally strong gold stocks Eldorado Gold (EGO), Centamin (CELTF), and New Gold (NGD) to your portfolio this month for stable returns and diversification…

StockNews.com · Jun 14, 2023