Second sports pitch at Maybole Campus could cost £3.8m The cost had originally been allocated £2.42m, but inflation and delays have taken a financial toll. Daily Record · Feb 14, 2023
As Texas booms, local governments — especially in small towns — struggle to find workers A cascade of issues including inflation and growing distrust in government aren’t helping local governments hire for critical positions in public safety and utilities. The Texas Tribune · Feb 14, 2023
FTSE 100 hit record closing high; US inflation slows slightly to 6.4% – as it happened Blue-chip share index has hit 7996 points for first time, but drops back as US consumer prices index is higher than expected in January The Guardian - UK · Feb 14, 2023
Asian shares mostly rise ahead of key US inflation report Asian shares are mostly higher, boosted by a rally on Wall Street, although investors kept their eyes on the upcoming U.S. consumer price data for signs of inflation The Independent UK · Feb 14, 2023
US inflation likely eased again last month if more gradually U.S. inflation likely slowed again last month in the latest sign that consumer price increases are becoming less of a burden on America’s households The Independent UK · Feb 14, 2023
Mortgage pain to intensify in 2023 as triple rate-hike looms: NAB economists Australians must brace for interest rates to rise at least three more times in 2023 as the RBA fights high inflation. The New Daily · Feb 14, 2023
Ford chooses US for federal incentives. Experts say it's just the beginning WASHINGTON — Ford Motor Co. first considered sites in Canada, Mexico and elsewhere for the $3.5 billion battery plant it plans to build in Michigan, company officials said Monday, but hefty new incentives in the Inflation Reduction Act pushed them to choose the United States. Tribune News Service · Feb 14, 2023
Larry Summers warns now is not the time for investor ‘euphoria’—markets are headed for a ‘turbulent period’ “I think the consensus has become substantially too complacent about inflation,” the former Treasury Secretary told Bloomberg Friday. Fortune · Feb 13, 2023
KPMG warns of $60 billion mortgage cliff, while ASX posts modest gains on profit results — as it happened Australian stocks make gains as profit-reporting season moves into full steam, even as KPMG and a major bank warn of the fallout of further interest rate hikes. ABC News · Feb 13, 2023
China's economy is recovering — is that a good thing for Australians faced with surging prices? China's rebounding economy is set to have ramifications for Australia — both good and bad — and could exacerbate our cost-of-living issues. ABC News · Feb 13, 2023
Middle-income families hit hard by inflation, interest rates could sink the economy As interest rates rise and other cost-of-living pressures increase, middle-income households that had been living comfortably are pulling back on spending, which has big implications for the economy. ABC News · Feb 13, 2023
Cost of living the number one issue for NSW voters, but not everyone agrees with the solution Both major parties are promising to help households struggling to stretch pay packets to afford basics, amid rising calls for pay increases — but is that the solution? ABC News · Feb 13, 2023
When Is the Next CPI Report? When does the next CPI report land and what inflation rate is expected? Kiplinger · Feb 13, 2023
European Union increases growth forecast as eurozone dodges recession Europe's economy will grow more than previously forecast this year as it avoids a winter recession, with inflation expected to ease and gas prices continue to fall. Radio France Internationale · Feb 13, 2023
Fortune · Feb 13, 2023 Prepare for a 'significant uptick' in inflation this week, top economist Paul Krugman says Inflation likely rose last month, but it may not be a huge deal.
Axios · Feb 13, 2023 What January's CPI may reveal about inflation There are some warning signs the pathway toward low inflation may be bumpier than advertised.
Tribune News Service · Feb 13, 2023 Bill Dudley: Will the Fed go longer or higher? Maybe both How will the US Federal Reserve wage its battle with inflation — by keeping interest rates elevated for longer, or by taking them even higher? Investors are fixated on this question, which has vast implications for bonds, stocks and the entire economy.
StockNews.com · Feb 13, 2023 2 Dependable Stocks to Add to Your Watchlist in February 2023 The market is currently at the crossroads of an unabated rally or more volatility in the coming days. While easing prices and a strong labor market have raised investor optimism, hawkish signals from the Fed and a potential inflation uptick could make markets more vulnerable. Given this backdrop, investors could…
Tribune News Service · Feb 13, 2023 Here’s what to watch in January’s inflation report The path to price stability sought by the Federal Reserve is likely to be bumpy, with Tuesday’s U.S. consumer inflation report expected to show costs rising briskly from the prior month.
StockNews.com · Feb 13, 2023 The 4 Best Grocery Store Stocks to Buy in 2023 Although inflation is showing signs of slowing down, the job market remains tight. Also, the Fed is open to raising rates. Grocery stocks could provide a hedge against economic slowdown due to the inelastic demand for groceries. Therefore, it could be wise for investors to buy fundamentally strong grocery store…
ABC News · Feb 13, 2023 Q+A hears of harrowing cost of living struggles for Australians but politicians fail to offer any real relief Politicians tell Q+A they see Australians begging for food and counting coins to buy bread but fail to offer any immediate solutions to rate rises or inflation on Q+A.
Manchester Evening News · Feb 13, 2023 When the next inflation figures will be released and what it could mean for you Understanding Consumer Price inflation can help households better manage their finances amid rising costs
The Times of India · Feb 13, 2023 Retail inflation breaches RBI's comfort zone after 3 months, rises to 6.52% in January NEW DELHI: Retail inflation based on consumer price index (CPI) rises to 6.52% in January, breaching Reserve Bank of India's (RBI) comfort zone after 3 months, data released by the government showed on Monday.
StockNews.com · Feb 13, 2023 If You Could Only Own 3 Stocks, It Should Be These Consumer sentiment has been buoyed by the recent cooldown in inflation and encouraging economic data. However, with interest rate hikes expected to continue, the risk of the economy tipping into a recession remains. Hence, fundamentally strong stocks Coca-Cola (KO), Merck & Co (MRK), and Valero Energy (VLO) that pay reliable…
The Guardian - UK · Feb 13, 2023 UK firms expect to give 5% pay rises this year amid worker shortages Survey figure is highest in at least a decade as businesses face pressure to help staff in cost of living crisis