The Latest Breaking News from Inflation

Threat of higher rates remains, but peak may be in sight

The Reserve Bank is prepared to hike interest rates again in June, but has signalled mortgage bills may now be high enough cool inflation.

The New Daily · May 16, 2023

UK government urged to act as some meat and veg prices double in a year

Which? and other groups call for intervention as food industry figures gather for summit with Rishi Sunak

The Guardian - UK · May 16, 2023

The Tories can still not be trusted as they continue to fail to get to grips with inflation

Rishi Sunak has promised to half inflation by the end of the year, but that does nothing for families struggling right now.

Daily Record · May 16, 2023

Food prices double in the UK as inflation at ‘shockingly high levels’, data shows

Which? urged Prime Minister Rishi Sunak to intervene on behalf of struggling consumers as its latest data showed ‘shockingly high’ inflation.

The Independent UK · May 15, 2023

Supermarket food basics DOUBLE in price over a year - see list of biggest rises

Which? looked at the prices of 26,000 products at eight supermarkets – Aldi, Asda, Lidl, Morrisons, Ocado, Sainsbury’s, Tesco and Waitrose - as part of its monthly inflation tracker

Daily Mirror · May 15, 2023

Treasurer wants energy transition to be his legacy – as it happened

This blog is now closed.

The Guardian - AU · May 15, 2023

Cost of living pressures putting the squeeze on small businesses in regional South Australia

From growing their own vegetables to going wholesale, these small regional businesses are doing things differently to stay afloat as the flow-on effects from the COVID-19 pandemic, floods and inflation amp up the pressure.

ABC News · May 15, 2023

Japan's giant of central banking

Haruhiko Kuroda's ten-year tenure at the helm of the Bank of Japan was the most consequential in the central bank's history. Following his departure last month, it is worth reflecting on his record.

Bangkok Post · May 15, 2023

Stocks Close Higher on Hopes for U.S. Debt Ceiling Resolution

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IU ) (QQQ ) closed up +0.55%. Stock indexes Monday closed moderately higher on hopes that...

Barchart · May 15, 2023

Stock Market Today: Stocks Edge Higher Ahead of Debt Ceiling Talks

The major market indexes bounced between positive and negative territory as lawmakers prepare for debt limit discussions.

Kiplinger · May 15, 2023