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The Latest Breaking News from Inflation

Breaking 5 publishers covering this story in the last 6 hours

1h ago Social Security COLA 2027: Latest forecast, likely increase, and why it may be a bad news for retirees?
2h ago Soaring Energy Prices Keep Pushing European Inflation. It Just Now Reached a Three-Year High.
2h ago Global equity funds draw $34.76 billion, log second straight week of inflows
3h ago Trump just soft-launched higher inflation as the new solution for rebalancing $40 trillion national debt
3h ago Colombia's Central Bank Just Raised Rates Again — What It Means for Families Sending Money Home

Is the economy headed for recession or a soft landing?

Are we in a recession? It seems like a straightforward question, but the data tells conflicting stories.

WEKU · Feb 17, 2023

Thousands of flights canceled as German airport staff strike

Thousands of flights to and from German airports were canceled Friday as workers walked out to press their demands for inflation-busting pay increases

The Independent UK · Feb 17, 2023

Airport strikes disrupt travel across Germany

Labor action at seven German airports is set to ground nearly 300,000 passengers Friday as unions call for higher pay amid decades-high inflation. Portugal is ending its "Golden Visa" program for real-estate investors as housing prices skyrocket, and US regulators charge crypto firm Terraform Labs and founder Do Kwan with…

France 24 · Feb 17, 2023

From analysis to the latest developments in health,
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Asian shares skid after inflation report thumps Wall Street

Shares have slipped in Asia after benchmarks on Wall Street took their biggest hit in four weeks as investors registered disappointment over an inflation reading that came in hotter than expected

The Independent UK · Feb 17, 2023

The Lowe road – the RBA is treading a 'narrow path' between inflation and recession

It’s a tough time for central bankers the world over, but especially for Reserve Bank of Australia governor Philip Lowe.

The Conversation · Feb 17, 2023

The RBA’s ‘narrow path’ on inflation and interest rates: six things we learned from Philip Lowe

When the governor and colleagues faced the economics committee, rates were the focus – how high will they go, and will they stall the economy?

The Guardian - AU · Feb 17, 2023

RBA boss Philip Lowe says rate rises hurting households, indications are they will go higher

Reserve Bank governor Philip Lowe has given a strong indication more interest rate rises are on the cards despite nine back-to-back rises causing many households significant pain and leaving them struggling to make repayments on their mortgages.

ABC News · Feb 17, 2023

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Australia's housing, inflation crises lead grandmother to flee to South America, and she's not sure if she'll return

Mabel Stephens feels like the world's upside down. The 65-year-old grandmother says the cost-of-living crisis and an incredibly tight rental market forced her to leave the country.

ABC News · Feb 16, 2023

Nestlé reveals tumbling net profits as prices hiked for shoppers

Reflecting on a difficult trading year, Nestlé's chief executive Mark Schneider said 2022 was filled with 'many challenges and tough choices' in addition to 'surging inflation and intensifying cost-of-living pressures'

Wales Online · Feb 16, 2023

Clean tech tensions: EU seeks to counter US green subsidies

Is the EU’s clean tech plan enough to keep up with America's green subsidies, outlined in the US Inflation Reduction Act? Kate Moody speaks to Gwenaëlle Avice-Huet, chief strategy and sustainability officer at Schneider Electric - a French multinational firm that specialises in digital automation and energy management.

France 24 · Feb 16, 2023

3 Cash-Rich Dividend Stocks to Add to Your Portfolio Today

While inflation has been cooling, the jobs market remains tight. This could prompt the Fed to raise the benchmark rates more than many projected, leading to a recession this year. Amid this backdrop, investors could look to stabilize their portfolios by adding cash-rich dividend stocks Pfizer (PFE), BHP Group (BHP),…

StockNews.com · Feb 16, 2023

3 ETFs You'll Regret Not Buying Sooner

The higher-than-expected January CPI data and robust jobs market indicate that the Fed’s fight against inflation might take longer than expected, potentially triggering the much-feared recession. Amid the current macroeconomic backdrop, it could be wise to invest in quality ETFs Vanguard Developed Markets (VEA), iShares Russell 2000 (IWM), and VanEck…

StockNews.com · Feb 16, 2023

Americans are drowning in credit card debt thanks to inflation and soaring interest rates

As Americans' credit card balances soared at the end of 2022, delinquencies started to creep up as well.

Fortune · Feb 16, 2023

Cautious but steady consumers buoying hopes for US economy

Call it the Goldilocks consumer

The Independent UK · Feb 16, 2023

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StockNews.com · Feb 16, 2023

3 Cruise Line Stocks to Sell Short or Avoid Completely in 2023

Sticky inflation and looming recessionary fears might keep the cruise line industry under pressure this year. Hence, fundamentally weak cruise line stocks Royal Caribbean Cruises (RCL), Carnival (CCL), and Norwegian Cruise Line (NCLH) might be best sold short or completely avoided in 2023. Read more.

The Independent UK · Feb 16, 2023

US wholesale inflation slows, but price pressures re-emerge

Wholesale prices in the United States surged 6% in January from a year earlier, decelerating for a seventh straight month

StockNews.com · Feb 16, 2023

Should You Buy This Popular Stock Right Now?

Despite a tough macro environment, Big-box retailer Costco (COST) continued to post healthy profits. Although the company’s business remained resilient, it is experiencing decelerating growth, and this trend is expected to continue with heightened inflation. While the stock is down more than 16% from its 52-week high, is it the…

The Times of India · Feb 16, 2023

Markets end marginally higher amid volatile trade

MUMBAI: Equity benchmark indices ended marginally higher on Thursday amid volatility faced during the last minutes of trading hours as concerns over rising inflation and fears of monetary tightening worldwide hit the sentiment.

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The Guardian - UK · Feb 16, 2023

O2 and Virgin Mobile customers to pay 17.3% more for calls, texts and data

Telecoms operators are about to increase bills by more than inflation amid cost of living crisis

StockNews.com · Feb 16, 2023

3 Bear Market Internet Stocks Investors Should Avoid in 2023

While the internet industry is growing amid the rapid digitization trends, the high inflation and consecutive rate hikes could mar its optimal performance in the near term. Therefore, internet stocks Farfetch (FTCH), ContextLogic (WISH), and Groupon (GRPN) could be best avoided in 2023, given their weak fundamentals. Keep reading.

StockNews.com · Feb 16, 2023

3 Must-Buy Nasdaq Stocks for 2023

Consumers showing resiliency in the face of rising inflation have helped the U.S. GDP to come in better than expected in the last quarter. Moreover, hopes of the economy avoiding a deep recession this year are rising. The Nasdaq Composite began this year on a positive note. Hence, fundamentally strong…

Reuters · Feb 16, 2023

Factbox-Nigeria's election: when is the vote and what's at stake?

Voters in Nigeria, Africa's biggest economy and most populous nation, head to the polls on Feb. 25 to elect a new president and lawmakers amid growing frustration over unprecedented insecurity, industrial-scale oil theft and surging inflation.

Asharq Al-Awsat · Feb 16, 2023

Saudi Inflation Ticks up for Second Month in Row

Saudi Arabia's annual inflation inched up to 3.4% in January from 3.3% a month earlier as higher housing expenses continued to drive up living costs, government data showed on Wednesday. Housing, water, electricity, gas and other fuels, with a 25.5% weight of the consumer basket, the largest category, rose 6.6%…

The Guardian - AU · Feb 16, 2023

Australia warned it could lose out to ‘huge and aggressive’ green hydrogen support in US and Middle East

Guy Debelle points to Biden’s Inflation Reduction Act and warns ‘I’m really concerned that we are missing out on a huge opportunity’

Reason · Feb 15, 2023

Massachusetts Voters Ended Rent Control Decades Ago. Boston's Mayor Wants To Bring It Back.

The city's old-school rent control scheme worsened housing quality but had no effect on housing supply. Mayor Michelle Wu's new rent control law will likely have the opposite effect.

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