The Latest Breaking News from Inflation

April jobs report may point to US labor market's resilience

Month after month, the nation’s job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic uncertainties across the world

The Independent UK · May 5, 2023

Inflation falling faster than predicted: RBA’s lifeline for borrowers

Australia's red-hot inflation is expected to cool faster than predicted, the RBA has revealed – offering a lifeline at last to borrowers

The New Daily · May 5, 2023

Inflation will decline faster than previously forecast as Australian economy slows, RBA says

The Reserve Bank’s quarterly statement on monetary policy predicts that the underlying inflation rate will end the year at 4%

The Guardian - AU · May 5, 2023

Nigeria's fuel subsidy: it's time to kill it and spend the money in ways that benefit the poor

Nigerians are being hit from all sides by a combination of factors that are making their lives increasingly difficult. These include rising cost of living which is reflected in double-digit inflation, stagnant wages, non-payment or the late payment of salaries, a cash crunch and fuel scarcity.

The Conversation · May 4, 2023

‘’We are not pausing’: Lagarde says ECB isn’t finished after raising rates by a quarter point

The European Central Bank has raised rates by a quarter of a percentage point, in a hike that its president Christine Lagarde signaled was unlikely to be the last.

Evening Standard · May 4, 2023

European Central Bank chief suggests firms are engaging in ‘greedflation’

Comments by Christine Lagarde come after central bank raises interest rates for seventh time in succession

The Guardian - UK · May 4, 2023

Prom price index shows cost of celebration is getting relatively cheaper – even at a time of high inflation

Going to the prom can be an expensive affair for cash-strapped teenagers. Past estimates and surveys put the average cost anywhere from US$600 to $1,000 or more. Some teens reportedly spend upward of $2,000 on the traditional dancing ritual at the end of high school – and that’s not including…

The Conversation · May 4, 2023

Europe's central bank weighs jumbo rate hike after Fed slows

The European Central Bank is deciding how big to go with its interest rate hike

The Independent UK · May 4, 2023

Corporate Earnings Show Consumer Companies Have Pricing Power

Higher interest rates haven’t stopped shoppers from spending, in a worrying sign for inflation.

Businessweek · May 4, 2023

I Got My Numbers Boyfriend To Explain Exactly Why HELP Debts Are Increasing By 7.1%

HECS debts. HELP debts. Indexation. Consumer price indexes. INFLATION. Some of us didn’t go to school for maths and numbers, so the mere sight of such mathematical words causes our brains to shut down faster than MilkRun on a Tuesday in April. And so, I called up my engineer boyfriend…

Pedestrian.tv · May 4, 2023