The Latest Breaking News from Inflation

Reserve Bank's cash rate decision to dominate agenda

The Reserve Bank of Australia's March cash rate decision and a speech from the governor Philip Lowe will be the highlights of this week's economic news.

AAP · Mar 4, 2023

‘Down with the police state,’ chant thousands of protesters in Tunisia

Thousands of people marched through Tunisia's capital on Saturday, decrying an expanding crackdown on opposition voices and rising inflation as the country's largest trade union called on President Kais Saied to accept "dialogue".

France 24 · Mar 4, 2023

The U.S. housing market just took another hit

This week's seasonally adjusted Mortgage Purchase Application Index came in at the lowest level since 1995.

Fortune · Mar 4, 2023

The United Nations mustn't be powerless

The first anniversary of Russia's invasion of Ukraine has been a good opportunity to reflect on the war's global implications. In addition to untold human misery, Russia's aggression triggered a historic food and energy crisis and caused global inflation to spike, endangering the world's fragile economic recovery from Covid-19. But…

Bangkok Post · Mar 4, 2023

Sri Lanka raises rates, relaxes currency band to secure IMF funds

The country is awaiting approval of a $2.9bn IMF bailout package as it endures its worst financial crisis since 1948.

Al Jazeera · Mar 3, 2023

Fed says more rate hikes are needed to curb inflation

The Federal Reserve said that further interest-rate hikes would be required to restore price stability.

Tribune News Service · Mar 3, 2023

The surprising impotence of Fed rate hikes

Despite rising interest rates, the economy remains as robust as ever, with a five-decade low in unemployment rate and inflation far above the Fed's goals.

Axios · Mar 3, 2023

Financial Stocks to Buy Today? 3 to Check Out

Financial companies usually benefit in a rising interest rate environment. With the Personal Consumption Expenditure (PCE) rising monthly and annually in January, the Fed is likely to keep raising interest rates until it achieves its 2% inflation target. Amid this backdrop, it could be wise to add financial stocks Visa…

StockNews.com · Mar 3, 2023

You Can't Go Wrong with Buying These 3 Stocks

The speculative rally earlier this year, spurred by hopes of a Fed pivot seems to have hit a wall. Analysts have warned about an impending downturn. Amid this, investors could consider loading up fundamentally strong stocks Honda Motor (HMC), Nokia (NOK), and Genie Energy (GNE) for potential gains. Read more….

StockNews.com · Mar 3, 2023

Hyundai was poised to become Tesla's top contender. Then the US government blindsided it

K-drama, K-pop, kimchi, bibimbap: Korean culture, in the form of entertainment and food, has long taken hold in California and across the U.S.

Los Angeles Times · Mar 3, 2023