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The Latest Breaking News from Inflation

Tax on the poor: On inflation

Inflation disproportionately affects the economically weaker sections

The Hindu

Opposition warns against RBA distractions

The federal opposition wants to see the Reserve Bank of Australia stick to its strengths and remain focused on containing inflation.

AAP

Canadians Can't 'Opt Out Of Inflation' With Bitcoin: Prime Minster Justin Trudeau Lashes Out At Opposition

A current world leader is attacking an opposing candidate for his views on Bitcoin and cryptocurrency. Here’s the latest on the world of Canadian politics and how cryptocurrency ideals could play a role in the 2025 prime minister election.

Benzinga

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

Poll: Pa. voters trust John Fetterman more than Mehmet Oz on key issues

PITTSBURGH — The good news for Republican Mehmet Oz in Pennsylvania’s U.S. Senate race is that voters in the state — according to a new poll — care most about economic issues, inflation and rising costs, which have been staples of the national GOP agenda ahead of a midterm election…

Tribune News Service

The housing problem is also the inflation problem

Shelter costs were the single most important category driving up so-called "core" inflation.

Axios

Why it's not anti-environmental to be in favour of economic growth

In the midst of today’s cost of living crisis, many people who are critical of the idea of economic growth see an opportunity. In their recent book The Future is Degrowth, for example, prominent advocates Matthias Schmelzer, Aaron Vansintjan and Andrea Vetter argue that the post-Covid inflation has predominantly been…

The Conversation

Three ways companies change their products to hide inflation

Consumer price inflation in the UK slowed for the first time in nearly a year in August. A fall in petrol prices helped slow the overall rate but food prices continue to rise rapidly. But even with a slowdown to 9.9%, from 10.1% in July, inflation still remains close to…

The Conversation

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Join us LIVE as experts explain what 9.9% inflation means for you - and what to do about it

Mirror business editor Graham Hiscott will be joined by Mirror Money reporter Sam Barker on September 15 at 1pm to run through everything you need to know about how to tackle soaring inflation

Daily Mirror

Labour MPs warned about talking to media except for Queen tributes

But some MPs believe party should speak out about cost of living, inflation and arrests of protesters

The Guardian - UK

Explained: What India needs to do to tame soaring inflation

NEW DELHI: Just when the world was gradually recuperating from the slowdowns caused by Covid-19 pandemic in the last 2 years, the war between Russia and Ukraine worsened matters.

The Times of India

How the UK energy crisis plan will affect bills and price inflation — an economist explains

A rapid rise in energy prices for households and businesses this year has led the UK government to outline its energy price guarantee plan, designed to ensure a typical household will pay no more than £2,500 annually for two years from October 1 2022. Businesses will have their energy costs…

The Conversation

As Inflation Soars, Biden Hosts Cringey Concert Celebrating the Inflation Reduction Act

James Taylor croons while the stock market burns after another ugly report on inflation.

Reason

American billionaires ‘lose $93bn in a day’ as new inflation figures hit markets hard

“Unemployment is low. Jobs are up. Manufacturing is good. I think we’re going to be fine,” said President Joe Biden

The Independent UK

Milk, cheese and eggs prices in UK supermarkets compared as food prices rise to 14-year high

Soaring milk, cheese and egg costs have pushed food inflation to its highest level for 14 years

Wales Online

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Reason

Cops Fail To Protect Own Informant From Rape, Then Charge Her With a Drug Crime

Plus: The authoritarian convergence, inflation up and stocks down, and more...

The Times of India

Sensex, Nifty snap four-day rally; rate hike fears spook investors

MUMBAI: Sensex slid 224 points and Nifty shed 66 points in volatile trade on Wednesday as fears of high inflation and aggressive interest rate hikes halted the four-day rally in the domestic equities amid sluggish global cues.

Evening Standard

Martin Lewis donates almost £100,000 of his on money to a financial charity live on GMB

The money-saving expert urged viewers to part with energy bill rebates ‘if they don’t need it’

Glasgow Live

Drivers issued update over fuel prices as inflation rate drops below 10 per cent

For the first time in months the inflation rate has dropped after hitting double figures in July - the first it's done so in 40 years. With this, drivers have been issued an important update over fuel.

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StockNews.com

1 Underperforming ETF Every Investor Will Want to Avoid Right Now

Cathie Wood’s ARK Investment Management’s flagship fund ARK Innovation (ARKK), has dropped more than 56% in price year-to-date, as its tech stock holdings have been hard hit amid the broader market sell-offs on concerns over rising inflation, aggressive interest rate hikes, and a potential recession. Hence, we think investors should…

Evening Standard

Bank tipped for half-point rates rise despite small fall in inflation

MPC rate decision delayed until next Thursday following death of Queen

The Independent UK

US wholesale inflation declines in August to still-high 8.7%

Inflation at the wholesale level jumped 8.7% in August from a year earlier, a slowdown from July yet still a painfully high level that suggests prices will keep spiking for months to come

The New Daily

Details revealed: RBA review to probe interest rate settings and government’s role

The RBA review will investigate how governments can work with the central bank to manage fallout of soaring inflation rising interest rates.

The Conversation

Why Apple can hold the line on iPhone prices, as smartphones defy soaring inflation and keep getting relatively cheaper

Inflation in the U.S. is surging to near a 40-year high, with prices on food, fuel and pretty much everything seeming to rise more every month.

Evening Standard

The Standard View: London will be united in mourning the Queen

The crowds gathered in their tens of thousands in Edinburgh to pay their final respects to the Queen. More lined the route from RAF Northolt in west London to Buckingham Palace as Her Majesty made her way home. And today, our city will again pay its respects to our departed…

The New Daily

‘Bloodbath’: Australian market erases $60 billion within hours – but don’t panic

More than $60 billion was wiped from the Australian stock market on Wednesday in a broad sell-off triggered by economic woes in the US.

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