Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Inflation

Countering US subsidies: Is a 'Made in Europe' investment plan realistic?

For months, European leaders have sought a united response to the US Inflation Reduction Act, or IRA. That plan, announced by the White House last year, favours American-made climate technology through subsidies and tax credits. But EU chiefs say the policy discriminates against Washington's closest partner, Europe. The panelists in…

France 24

US adds a surprisingly strong 517,000 jobs despite Fed hikes

January’s gains were broad-based across industries. A category that includes restaurants and bars added 99,000 jobs. Professional and business services jobs, including bookkeepers and consultants, rose by 82,000.

Chicago Sun-Times

House Republicans Vote Ilhan Omar to Foreign Affairs Committee Just To Kick Her Off the Next Day

Plus: Judge strikes down Super Bowl censorship law, report details how much inflation was driven by stimulus spending, and more...

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

The 5 Best Stocks to Invest $1,000 in Right Now

Improving investors’ sentiments amid the cooling inflation and moderating interest rate increases helped the stock market to surge in recent weeks. Moreover, the IMF raised its world economy growth forecast. Given the rising optimism, AbbVie (ABBV), Vertex Pharmaceuticals (VRTX), Murphy (MUSA), MasterCraft Boat (MCFT), and PrimeEnergy Resources (PNRG) might be…

StockNews.com

3 Smart Stocks to Buy for a Potential Recession

Despite the cooling inflation, the Fed is not expected to cut rates in 2023 as it is committed to achieving its 2% inflation target. Continued rate hikes, albeit at a lower rate, could potentially push the economy into a recession this year. Amid lingering recession fears, it could be wise…

StockNews.com

US adds 517,000 jobs in January in huge gain for labor market

Total is far higher than what economists expected even as Federal Reserve continues to raise interest rates to bring down inflation

The Guardian - US

2 Sorry Stocks to Sell in February

Although moderating inflation has raised investor confidence, the Fed has signaled its intention of further rate hikes. Moreover, with recessionary fears looming, the stock market could be volatile for a while. Against this backdrop, fundamentally weak stocks Advanced Micro Devices (AMD) and Rivian Automotive (RIVN) might be best avoided now.…

StockNews.com

Read news from The Economist, FT, and more,
with one subscription

Bank of England must not push interest rates too high, its chief economist says

Inflation should be back within Bank’s 2% target range by middle of 2024, Huw Pill adds

The Guardian - UK

3 Stocks for Long-Term Investors to Buy in 2023

As inflation shows signs of cooling, the Fed has significantly slowed its aggressive rate hike policy. Moreover, given a tight labor market, experts believe the economy might avoid a recession. Amid the rising optimism, we think quality stocks Merck (MRK), PepsiCo (PEP), and Limbach (LMB) are ideal buys for long-term…

StockNews.com

Wages will still lag inflation in 2023, even as pay packets get fatter

Wages are expected to continue rising this year, but real wages are expected to fall – experts explain why.

The New Daily

Türkiye Inflation Higher than Expected at Nearly 58%

Turkish annual inflation dipped to 57.68% in January, official data showed on Friday, but was well above forecasts despite a favorable base effect that is expected to carry on until President Tayyip Erdogan seeks re-election in May. Month-on-month, consumer prices rose 6.65%, the Turkish Statistical Institute said, nearly twice a…

Asharq Al-Awsat

‘Reason to be optimistic:’ Bank chief offers hope on interest rate hikes

Interest rates are no longer expected to rise as high as feared this year, a Bank of England chief said on Friday.

Evening Standard

The Week Ahead: Why interest rates and reputation are on the lunch menu for the Fed chairman and investors

Last week it was the Federal Reserve’s Open Market Committee shaping monetary policy and investor expectations. In the week ahead, it will be the Fed’s open mouth practices at work.

Miami Herald

New Bank of England interest rates rise impact on future mortgage payments and soaring inflation

The base rate increased from 3.5% to 4% to help bring double-digit inflation under control.

Daily Record

Get all your
news in one place.

100's of premium titles.
One news app.

Tribune News Service

Editorial: Getting Fed up: Federal Reserve’s continuing rate hikes may be too much

The Federal Reserve shocked no one Wednesday when it announced another 25 basis-point hike to interest rates. Yet our lack of surprise doesn’t mean a lack of questions about the central bankers’ continuing anti-inflation warpath.

The Independent UK

Why has the Bank of England hiked interest rates and what does it mean?

The decision was taken to help keep inflation under control.

The Guardian - UK

FTSE 100 hits all-time high after US jobs report beats forecasts – as it happened

UK’s blue-chip index has hit a new record high of 7906 points, helped by weak pound, and hopes that interest rates may be near their peak

Asharq Al-Awsat

4 Gulf Banks Raise Interest Rates by 0.25%, Qatar Holds

The majority of central banks in the Gulf region raised the main interest rates on Thursday, following a decision by the US Federal Reserve to raise its key policy rate by 0.25%, in an effort to counter inflation. Qatar kept the interest rate unchanged, while the Saudi Central Bank (SAMA),…

Get all your
news in one place.

100's of premium titles.
One news app.

Reuters

New Zealand floods add to inflation challenge for new prime minister ahead of vote

The worst flooding in New Zealand's biggest city Auckland is heaping more inflationary pressure and is posing a fresh cost-of-living headache for prime minister Chris Hipkins, who is trying to win back support for his party ahead of elections this year.

Wales Online

The figure that shows why teachers are on strike in Wales

Experts have looked at teachers pay in the last 13 years

The Independent UK

January may have delivered lower, if still solid, job growth

The American economy has an unusual problem: The job market looks too strong — at least to the inflation fighters at the Federal Reserve

The Philadelphia Inquirer

Biden comes to Philly to cast past accomplishments as a case for 2024 success

PHILADELPHIA — President Joe Biden and Vice President Kamala Harris aim to move Democrats forward on a visit Friday to Philadelphia. Getting there may require a walk back down memory lane.

Fortune

Fed Chair Powell is no Kobe Bryant. He didn’t have ‘Mamba mentality’ in his crucial press conference, UBS says

Jerome Powell has lost some of his focus when it comes to fighting inflation, UBS's chief investment officer said.

Reuters

Argentina OKs new 2,000 peso bill as inflation bites, still only worth $5

Argentina will roll out a new 2,000-peso bill, the central bank said on Thursday, which would double the face value of the country's top denomination bank note, but would still only be worth $11 officially and $5 in commonly used parallel markets.

Bangkok Post

Asian equities jump on Fed hints

Asian stock markets broadly advanced on Thursday as currencies rose following Federal Reserve chairman Jerome Powell mention that the US central bank might soon shift its focus from taming inflation to curbing the economic slowdown.

1 … 686 687 688 689

People

Mangeet Kaur BounsMangeet

Sristi Suman Jayaswal

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.