The Latest Breaking News from Inflation

Crypto market aflutter

Last year was a rough one for cryptocurrencies as Bitcoin, the largest digital asset in the world, lost nearly 65% of its market value.

Bangkok Post · May 21, 2023

Larry Summers Warns About The Use Of The 14th Amendment For Government To Pay Its Bills

Former Treasury Secretary Larry Summers warned the possibility of increase in inflation over the next several years.

Zenger · May 21, 2023

Labor hails ‘strongest start for jobs growth’ of any Australian government

Analysis shows more than 330,000 jobs gained in past year, but treasurer concedes inflation needs to cool

The Guardian - AU · May 21, 2023

Michael Pascoe: Why you might never see that ‘wage growth’ we hear about

One thing we know for sure about the RBA – it knows even less about the outlook for wage growth than it does about inflation.

The New Daily · May 19, 2023

Dollar Slips on a Snag in Debt Ceiling Talks and Dovish Powell

The dollar index (DXY00 ) on Friday fell by -0.36%. The dollar retreated after Friday after talks to raise the debt ceiling hit a roadblock when Republican negotiators left a meeting with White House representatives and said talks were on a “pause.” The dollar also moved lower Friday after Fed...

Barchart · May 19, 2023

3 Strong Home Improvement Stocks to Buy in May

With easing inflation and rising demand for innovative and energy-efficient solutions for home remodeling, the home improvement industry is well-positioned to grow in the long run. As a result, it might be wise to explore opportunities in fundamentally solid home improvement stocks, Sherwin-Williams (SHW), Frontdoor, Inc. (FTDR), and Steelcase Inc.…

StockNews.com · May 19, 2023

Why Travelzoo (TZOO) Is a BUY for May?

Despite a turbulent macroeconomic environment, Travelzoo (TZOO) reported solid numbers in the first quarter. Given the strong revival of the travel and hospitality demand, it could be wise to buy the stock now. Let's discuss.

StockNews.com · May 19, 2023

Central banks ‘risk losing trust if they cannot tame inflation’

Bank of International Settlements also warns US bank failures and cryptocurrencies could reduce trust

The Guardian - UK · May 19, 2023

Federal Reserve Chair Powell hints at a pause in rate hikes when central bank meets next month

Chair Jerome Powell indicated that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it began raising its key rate 14 months ago to fight high inflation

The Independent UK · May 19, 2023

Stocks Slide After Republicans Pause Debt Ceiling Negotiations

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.36%. GOP negotiators halted debt ceiling discussions with the White...

Barchart · May 19, 2023