The Latest Breaking News from Inflation

President Joe Biden announced a program to provide student debt relief to millions of borrowers of federal loans. The plan would offer up to US$10,000 in forgiveness for people who earn less than $125,000 – $250,000 for couples – and up to $20,000 for Pell Grant recipients. Biden also extended…

The stock market experienced a sharp rebound since July, fueled by renewed investor optimism on several positive factors, including a slight decline in inflation. However, with inflation still hovering around 40-year highs and the possibility of the Fed maintaining its hawkish stance, the market is expected to remain under pressure.…

The former chancellor vowed to prioritise the battle against inflation while his rival advocates tax cuts.

"Student loan relief would lead some people to spend more," warns Obama economic advisor and Harvard economist Jason Furman

The stock market has experienced wild swings this year amid increased interest rates, ongoing geopolitical conflict, and sky-high inflation. Although a slight decline in inflation last month and strong corporate earnings have improved investors’ sentiments, market volatility is expected to persist. Thus, we think investing in under $20 mega-cap stocks…

In a speech today, the assistant minister for competition, Andrew Leigh, will point the finger at big business over the inflation crisis

Hundreds of South Africans protested in Pretoria and Cape Town on Wednesday against inflation that has soared to a 13-year high, in an action led by trade union group COSATU, a long-time ally of the ruling African National Congress.

South African workers have demonstrated against the country’s rising cost of living including record-high fuel prices and increased costs for basic foods

The Trades Union Congress (TUC) is calling for the the minimum wage to increase to £15 as regular pay has only increased 4.7 per cent while the rate of inflation hit 10.1 per cent.