The Latest Breaking News from Inflation

US unemployment claims tick up to 245,000, but still low

The number of Americans applying for unemployment benefits rose last week but remains low by historic standards

The Independent UK · Apr 20, 2023

Reserve Bank revolution: Jim Chalmers reshapes the RBA for the 21st century

The scale of the RBA changes recommended by the review is large – there is an entire section devoted to a year-long implementation process.

The New Daily · Apr 20, 2023

Bank of England predicted to raise interest rates one more time in May

Increase to 4.5% will be last rise in current cycle, former rate-setter Michael Saunders predicts

The Guardian - UK · Apr 20, 2023

What the papers say – April 20

Impact of inflation on cost of living dominates front pages.

The Independent UK · Apr 20, 2023

The RBA review ignores the global failure of inflation management to prevent financial chaos

The RBA review ignores the global failure of inflation management to prevent financial chaos

The Guardian - AU · Apr 20, 2023

RBA shake-up promises board representation for workers, with focus on full employment and fighting inflation

Sweeping changes to Reserve Bank of Australia give equal weighting to employment and inflation, and mandate greater transparency

The Guardian - AU · Apr 20, 2023

Reserve Bank revolution: how Jim Chalmers will recraft the RBA for the 21st century

The review into the Reserve Bank of Australia has just been published by Treasurer Jim Chalmers, and it’s a blockbuster.

The Conversation · Apr 20, 2023

How To Take Advantage of New EV Tax Credits in the U.S.

Rules outlined in the Inflation Reduction Act just made it a lot more difficult to claim the $7,500 tax credit on new EVs.

Inverse · Apr 19, 2023

Stocks Pressured as Bond Yields Climb on Inflation Concerns

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.02%. Stock indexes on Wednesday closed slightly lower. Stocks initially...

Barchart · Apr 19, 2023

'Jeremy Hunt's response to this crisis was not just laughable but insulting'

Britain’s stubbornly high rate of inflation will pile more pressure on struggling families - and it is those on the lowest wages who are worst affected

Daily Mirror · Apr 19, 2023