The Latest Breaking News from Inflation

Why Americans are so negative about the economy

Americans are not happy with the economy. Which is weird, given that it is doing just fine.

Axios · Jun 4, 2023

‘Razor’s edge’: Duelling futures for mortgage bills as RBA mulls June interest rates hike

The RBA will decide this week whether to raise mortgage bills for millions of Australian families again, or deliver a June reprieve and pause interest

The New Daily · Jun 4, 2023

Rishi Sunak ‘wants to cut tax by 2p’ before general election

PM said to be keen on reviving his Tory leadership pledge to bring down income tax rate

The Independent UK · Jun 4, 2023

Turkey's Erdogan faces economic hurdles following election victory

Turkish President Tayyip Erdogan was sworn in for a fifth term on Saturday after winning re-election last weekend. But he will have little time to rest with the threat of a financial crisis and a tricky balancing act between Russia and Turkey's traditional Western allies.

Radio France Internationale · Jun 3, 2023

NOW is it a Bull Market?

The tremendous rally for S&P 500 (SPY) this week has more people believing the bull market is at hand. 43 year investment veteran Steve Reitmeister weighs in with his updated market outlook at trading plan. (Spoiler alert: the future for stock prices may not be as bright as advertised). Get…

StockNews.com · Jun 2, 2023

Inflation tepid in May as food prices decrease

Inflation in Thailand is expected to increase by only 0.5% year-on-year in May, the lowest in Asean, because of a decline in the prices of fresh food such as pork and chicken, says Commerce Minister Jurin Laksanawisit.

Bangkok Post · Jun 2, 2023

Analysts anticipate more rate hikes

The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts.

Bangkok Post · Jun 2, 2023

Inflation relief camps emerge across Rajasthan to help industrialists

A series of workshops will be organised on the lines of the camps in all districts of the State this month.

The Hindu · Jun 2, 2023

Argentines grill more steak despite pressures of 109% inflation

Argentines are expected to eat the most beef in five years in 2023, extending the country's reign as the No. 1 steak consumer per capita despite the painful impact of 109% inflation on food prices, a Rosario grains exchange report showed on Friday.

Reuters · Jun 2, 2023

US hiring jumped last month. So did unemployment. Here’s what that says about the economy.

The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs. Yet there were some mixed messages in the jobs figures as the unemployment rate rose to 3.7%.

Chicago Sun-Times · Jun 2, 2023