The Latest Breaking News from Inflation

Billionaire ‘Bond King’ Jeff Gundlach tells the Fed it must choose between fighting inflation or rescuing banks—it can’t do both

The DoubleLine CEO predicted a recession is just months away.

Fortune · Mar 28, 2023

National Minimum Wage: How much extra you will get when wages increase on April 1

An increase is coming, but workers are also being hit hard by rising inflation

Wales Online · Mar 28, 2023

Push in states for $20 minimum wage as inflation persists

Just years after labor activists persuaded a handful of states to raise their minimum wage to $15 per hour, workers initially thrilled with the pay bump are finding their hard-won gains erased by inflation

The Independent UK · Mar 28, 2023

US, Japan agree deal on trade in EV battery minerals

The United States and Japan have agreed a deal on trading in minerals that are key to making electric car batteries. The aim is to bolster EV (electric vehicle) battery supply chains and reduce the countries' reliance on China. The deal will give Japanese carmakers wider access to $7,500 tax…

France 24 · Mar 28, 2023

Supermarket shoppers face paying £837 more in stores - how to cut cost of your food bill

Grocery price inflation hit 17.5% in the month to March 19, analysts at Kantar said - this is up from 17.1% in February - as supermarket shoppers continue to be squeezed by rising prices

Daily Mirror · Mar 28, 2023

UK supermarket inflation hits record high, making shoppers hunt for bargains

Prices rise fastest for eggs, milk and cheese amid shortages of salad and other items

The Guardian - UK · Mar 28, 2023

Shoppers turn to multiple supermarkets as grocery inflation reaches record high

Grocery price inflation has reached a record 17.5%, adding a potential £837 to the average household’s annual shopping bill.

The Independent UK · Mar 28, 2023

Rise in food prices hits 17.5%, changing the way we use supermarkets

It is the ninth month in a row of double-digit growth in food prices

Wales Online · Mar 28, 2023

Shop price inflation hits another record high as cost of sugar leaves a sour taste

Prices rises for chocolate, sweets and fizzy drinks increased this month

The Independent UK · Mar 28, 2023

SVB collapse was ‘fastest since Barings’, Bank of England says, in call for vigilance – as it happened

Treasury committee holds hearing on the sudden collapse of Silicon Valley Bank this month

The Guardian - UK · Mar 28, 2023