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The Latest Breaking News from Inflation

Breaking Live 3 publishers covering this story in the last 6 hours

58m ago Global Market: Japanese bond yields rise as investors weigh inflation, rate-hike risks
1h ago Donald Trump's New Government AI Chatbot Has Awkward Habit of Debunking the President's Own False Claims
1h ago Goldman Sachs pushes Fed rate hike forecast to December
1h ago RBI’s success on dollar flows raises stakes in inflation fight & clamour for rate hike
1h ago RBA denies staff a pay rise that keeps up with inflation just hours after interest rate rise

Council's budget squeezed by inflation adding £5m to costs

The council's full expenditure for last year has been revealed

Liverpool Echo · Jun 6, 2023

No signs of recovery among despondent consumers

Consumer confidence has not budged from its weak position, although mortgage holders have regained some optimism ahead of the next cash rate decision.

The New Daily · Jun 6, 2023

Bank holidays fail to boost sales growth amid ongoing inflation worries

Total UK retail sales increased by 3.9% last month, below the three-month average growth of 4.7%, according to the BRC-KPMG Retail Sales Monitor.

The Independent UK · Jun 5, 2023

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Angus Taylor says Australia's core inflation is higher than all the countries in the G7. Is that correct?

Shadow Treasurer Angus Taylor says Australia has higher core inflation than all of the countries in the G7. Is that correct? RMIT ABC Fact Check investigates.

ABC News · Jun 5, 2023

Inflation Causes Drivers to Switch Car Insurance Carriers

In a recent survey, 57% of drivers claimed their car insurance rate went up in the last 12 months, causing them to switch insurance carriers.

Kiplinger · Jun 5, 2023

Stocks Slip in Afternoon Trade

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.2%. After a morning rally, markets have moved into the...

Barchart · Jun 5, 2023

Liz Truss is blamed for inflation chaos as mortgage lenders hike rates yet again

A flood of lenders have upped rates in the aftermath of figures a fortnight ago revealing a smaller-than-expected drop in living costs

Daily Mirror · Jun 5, 2023

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Deutsche Bank says the U.S. is headed for a ‘policy led’ recession later—it’s the unavoidable ‘boom-bust cycle’

The easy money policies of the Federal Reserve have created a "boom-bust cycle" that will ultimately end in a recession, according to the investment bank.

Fortune · Jun 5, 2023

Here's Where Inflation is Rising the Most

These are the top 10 metro areas where inflation is increasing the most.

Kiplinger · Jun 5, 2023

European Central Bank chief signals more rate hikes ahead with inflation still 'strong'

European Central Bank head Christine Lagarde says inflation pressures are “strong."

The Independent UK · Jun 5, 2023

Moody’s chief economist issues dire warning to Fed about future rate hikes

"Economic growth is fragile."

Fortune · Jun 5, 2023

Stocks Mixed as Energy Stocks Gain after Saudi Arabia Cuts Crude Production

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.44%. U.S. stocks this morning are mixed. Energy stocks are...

Barchart · Jun 5, 2023

IMF's Georgieva warns Fed may need to hike further to cool down overheating U.S. economy

The Fed has already hiked to levels not seen since September 2007, but that might not be enough to bring inflation down to sustainable levels.

Fortune · Jun 5, 2023

New mortgage pain as lenders shake up deals

The surge in mortgage rates has come after inflation proved more ‘sticky’ than expected

Evening Standard · Jun 5, 2023

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Evening Standard · Jun 5, 2023

OPINION - Britain is the sick man of the West on inflation and now faces bitter medicine

First, the good news. Inflation is heading lower. US inflation peaked at 8.5 per cent late last year and is now running at around five per cent. Eurozone inflation peaked at 10.6 per cent and is now down to 6.1 per cent. UK inflation peaked at more than 11 per…

InsideEVs · Jun 5, 2023

Tesla And Panasonic Could Get $41 Billion In Tax Credits By 2032

Tesla and Panasonic are expected to get about $1.8 billion in production tax credits this year compared to $480 million for GM and LG Energy Solution.

France 24 · Jun 5, 2023

Official Turkish figures show inflation dips under 40% for first time in 16 months

Turkey's annual inflation rate dropped below 40 percent in May for the first time in 16 months, pushed down by a temporary offer of free gas to households, official data showed on Monday.

The Conversation · Jun 5, 2023

Don't blame Australia's lowest-paid workers if interest rates rise again

The odds have been shortening on the Reserve Bank of Australia lifting interest again, and Australia’s workers are again being blamed for driving inflation.

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The Independent UK · Jun 5, 2023

Stock market today: Asian stocks follow Wall St up after strong US jobs report

Asian stocks have followed Wall Street higher after strong U.S. hiring data suggested a possible recession might be further away, while smaller wage gains stoked hopes inflationary pressures are weakening

The Guardian - UK · Jun 5, 2023

Oil price up after Saudi Arabia cuts output; UK mortgage rates and car sales rise – as it happened

Rolling coverage of the latest economic financial news, as Brent crude hits $78/barrel and new car market records longest period of growth since 2015

The Guardian - UK · Jun 4, 2023

No point in food price measures without targeting small stores, Which? warns

Consumer group tells chancellor ‘blanket approach’ will not address poor households’ access to affordable food

Bangkok Post · Jun 4, 2023

Interest rates forecast to continue rising

Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers.

Fortune · Jun 4, 2023

Why is inflation still so bad? Extreme-low unemployment rates in these states are a major factor

Historically low joblessness is one reason inflation is still a thorny problem.

InsideEVs · Jun 4, 2023

2023 Federal Tax Credit: Only Five BEV Manufacturers Qualify

The Inflation Reduction Act of 2022 (IRA), introduced in mid-2022, completely changed the federal tax credit in the United States. Let's check out the details.

Al Jazeera · Jun 4, 2023

Can market veteran Simsek pull Turkey’s economy back from brink?

New finance minister is widely respected by foreign investors and known for his orthodox economic approach.

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