The Latest Breaking News from Inflation

Asian shares mixed as surging oil prices fan inflation fears

Shares are mostly higher in Asia as investors watch for the latest moves by central banks

The Independent UK · Apr 4, 2023

Sure, the RBA froze interest rates this time, but there's plenty of pain to come

Australia’s Reserve Bank has hit pause on interest rates after ten successive hikes, but for many Australians, the pain it has inflicted is about to begin.

The Conversation · Apr 4, 2023

‘Relief’ for home owners as RBA pauses rates for first time in 10 meetings

The Reserve Bank has hit the pause button on its record breaking run of interest rates hikes in April, delivering relief to home owners.

The New Daily · Apr 4, 2023

Yellen says OPEC+ cut ‘unconstructive’ as world fights inflation

U.S. Treasury Secretary Janet Yellen criticized the decision by OPEC+ oil producers over the weekend to cut output, saying it was “unconstructive” and would add to the uncertainty overhanging global growth.

Tribune News Service · Apr 3, 2023

Reserve Bank flags 'further tightening' to tame inflation after leaving interest rates on hold at 3.6pc, ASX closes higher

The Reserve Bank has left interest rates on hold at 3.6 per cent, but says some further tightening of monetary policy may be needed, while the Australian share market hit a fresh three-week high.

ABC News · Apr 3, 2023

Fitch expects growth to be restricted to 3% this year

The Thai economy is set to expand by only 3% this year, well below the Bank of Thailand's forecast of 3.6%, due to rising risks of a deeper slowdown in the global economy stemming from increasing uncertainty and banking stresses in the US and Europe, said Fitch Solutions.

Bangkok Post · Apr 3, 2023

GM sales up 17.6% in Q1 as EVs hit new milestone

DETROIT — General Motors Co. reported a year-over-year 17.6% sales increase in the first quarter, despite rising interest rates, continued inflation and growing economic uncertainty.

Tribune News Service · Apr 3, 2023

Yangzijiang Shipbuilding Buys Singapore Office Tower for $300 Million

China’s largest private shipbuilder sees all-cash investment as an inflation hedge as Vietnam’s Van Thinh Phat Holdings sells at a loss amid allegations of bond fraud

Caixin Global · Apr 3, 2023

3 in-Demand Consumer Goods Stocks

Although fears of a recession are still widespread, the consumer products industry could benefit from consumers displaying resilience in the face of high inflation. Thus, investing in quality consumer goods stocks USANA Health (USNA), Nature's Sunshine (NATR), and LifeVantage (LFVN) could be beneficial. Read on….

StockNews.com · Apr 3, 2023

Troubled waters for inflation after fresh oil price hike

City Comment: OBR’s latest forecast of 2.9% inflation by the end of the year already looks in peril

Evening Standard · Apr 3, 2023