NZ hikes welfare payments as fruit and veg prices soar Food prices are on the rise again in New Zealand, particularly for fruit and vegetables, as inflation worsens in the wake of Cyclone Gabrielle. AAP · Mar 13, 2023
East Midlands economy looking up according to monthly NatWest business survey East Midlands business confidence was at its strongest since last April, as inflationary pressures started to soften Birmingham Post · Mar 13, 2023
The Guardian view on corporate greed: it’s causing inflation Editorial: Unite’s claim that firms are profiteering on the back of a crisis hitting workers is hard to dismiss The Guardian - UK · Mar 12, 2023
‘Global greedflation’: big firms ‘driving shopping bills to record highs’ Analysis by UK union shows large corporations have improved profits with price rises in cost of living crisis The Guardian - UK · Mar 12, 2023
Hunt budget being overshadowed by Lineker row is no bad thing for chancellor Wednesday’s announcement will not change big picture for UK economy The Guardian - UK · Mar 12, 2023
Britain’s older electorate can live with low GDP. It’s high inflation they abhor Tories can take heart that the over 65s won’t punish poor GDP, research finds. Just don’t hit them in the pocket The Guardian - UK · Mar 12, 2023
Labour planning £8bn Biden-style green energy revolution Rachel Reeves to visit US to learn from senior Democrats about ambitious regional recovery plan The Guardian - UK · Mar 12, 2023
WA faces challenging year ahead but economic outlook remains positive, according to new business report Western Australia is well positioned to withstand a possible worldwide recession, according to the Chamber of Commerce and Industry WA's economic outlook report, but it warns the state still faces a tough 12 months. ABC News · Mar 12, 2023
Making Sense of a Wild Week in the Markets It's been another doozy of a week for the S&P 500 (SPY). We had Fed Chair Jerome Powell giving his semiannual testimony before the Senate Banking Committee. We had the latest job openings summary from January. We had a surprise run on a bank in Silicon Valley push the entire… StockNews.com · Mar 11, 2023
An anti-government protest in Czech capital draws thousands Thousands of people in the Czech Republic rallied in Prague to protest high inflation and to demand an end to the country’s military support for Ukraine The Independent UK · Mar 11, 2023
Jeremy Hunt’s budget to announce £20bn funding to cut carbon emissions ‘Reset’ of clean energy policy, including small nuclear reactors, is response to Joe Biden’s Inflation Reduction Act The Guardian - UK · Mar 10, 2023
Bank of Japan keeps low rates Japan's central bank left its ultra-easy monetary policy unchanged in its last meeting before Governor Haruhiko Kuroda steps down and is replaced by economics professor Kazuo Ueda. Bangkok Post · Mar 10, 2023
Households carry rate pain as businesses flourish The disconnect between households worried about wages and mortgage repayments and businesses, which appear to be doing just fine, hasn't gone unnoticed. AAP · Mar 10, 2023
Why employment remains red hot even as the Federal Reserve tries to put job market on ice The hot U.S. labor market is showing few signs of cooling down, with the latest jobs report showing continued strong gains, particularly in service industries such as retail and hospitality. The robust employment landscape may put pressure on the Federal Reserve to raise rates more than expected later this month… The Conversation · Mar 10, 2023
The Independent UK · Mar 10, 2023 5 key takeaways from the February US jobs report The American job market has once again confounded expectations
StockNews.com · Mar 10, 2023 4 "Strong Buy" Stocks to Buy Right Now Strong economic data in recent weeks has raised signals of higher-than-expected hikes in the interest rate. Given the stalling disinflationary process, the stock market could remain volatile for some time. Thus, fundamentally strong stocks Gilead Sciences (GILD), HCA Healthcare (HCA), McKesson Corp. (MCK), and LSI Industries (LYTS) could be ideal…
Fortune · Mar 10, 2023 March had 'crashy vibes' for the economy and it could mean a recession, BofA says The Fed's goal of bringing down inflation without triggering a recession may have just gotten a lot harder.
Newcastle Herald · Mar 10, 2023 Mortgage interest rates aren't only pressure pushing inflation higher Letters: 'With an inevitable recession looming, why are the rates still being increased?'
StockNews.com · Mar 10, 2023 3 Ridiculously Cheap Stocks You'll Regret Not Buying in 2023 The Fed’s commitment to tame sticky inflation has raised the odds of an impending recession. Amid soaring volatilities in the stock market, cheap stocks Accel Entertainment (ACEL), trivago (TRVG), and Epsilon Energy (EPSN) might be wise portfolio additions now to garner significant returns. Read on….
StockNews.com · Mar 10, 2023 4 Best Stocks to Buy for a Starter Portfolio As inflation remains stubbornly high and the labor market still strong, the Federal Reserve has warned that the benchmark interest rate will climb higher than expected. This could tip the economy into a recession. Amid the uncertainty, new investors looking to build their portfolios could start by buying Coca-Cola (KO),…
The Conversation · Mar 10, 2023 Are interest rates really going to keep rising sharply? For anyone trying to understand where interest rates and inflation are heading, it has been a strenuous few days. Jay Powell, chairman of US central bank the Federal Reserve, warned senators he may have to do more to fight inflation than expected, indicating the prospect of interest rates rising more…
StockNews.com · Mar 10, 2023 The 3 Best Large-Cap Stocks to Buy in 2023 The Fed’s commitment to tame the high inflation with interest rate hikes might trigger a recession this year. Given the macroeconomic uncertainties, fundamentally sound large-cap stocks, UnitedHealth Group (UNH), Walmart (WMT) and Cisco Systems (CSCO) might be ideal investments now. Keep reading.
StockNews.com · Mar 10, 2023 3 Dow Stocks to Buy More of in March 2023 With the Fed keen on further interest rate hikes this year, the stock market will likely remain under pressure. Amid this backdrop, it could be wise for investors to buy fundamentally strong Dow stocks like Verizon Communications (VZ), Amgen (AMGN), and International Business Machines (IBM). Read more….
The Independent UK · Mar 10, 2023 In the EU’s inflation crisis, the humble egg takes the cake The humble egg has become a star performer for all the wrong reasons as inflation has hit households across the European Union extremely hard over the year
Pedestrian.tv · Mar 10, 2023 Due To That Son-Of-A-Bitch Inflation, Australia’s Beloved Cream Maxibon Is Copping A Downsize Maxibon, the ice cream of champions, is copping a downsize thanks to that pesky son-of-a-bitch inflation and the boys aren't happy.