The Latest Breaking News from Inflation

5 Top Stocks to Buy for 2023

The stock market witnessed a solid start this year amid improving investors’ optimism. Moreover, experts see increased chances of a soft landing. So, fundamentally strong stocks Merck (MRK), Novartis (NVS), Sysco (SYY), Progress Software (PRGS), and LSI Industries (LYTS) could be solid buys now. These stocks pay consistent dividends. Read…

StockNews.com · Feb 9, 2023

3 Stocks Flying Under the Radar to Buy Right Now

While the Fed’s dovish comments have ignited a massive stock market rally, robust jobs growth entails that the central bank has more work to do when it comes to taming inflation. As investors turn cautious, we believe it could be wise to scoop up fundamentally strong stocks Acuity Brands (AYI),…

StockNews.com · Feb 9, 2023

UK interest rates are too high and may need cut – Bank of England’s Tenreyro

Policymaker highlights split in rate-setting committee, saying inflation is on track to fall

The Guardian - UK · Feb 9, 2023

Wetherspoon increases prices of drinks and food - full list of new prices

The pub chain says the move is a direct result of inflation

Wales Online · Feb 9, 2023

Watchdog looks into broadband prices as mid-contract inflation hikes hit hard-pressed households

Controversial clauses which came in from 2021 can have a big impact with inflation hitting double digits

Evening Standard · Feb 9, 2023

3 Low-Risk Stocks to Buy in February 2023

With the U.S. economy adding significantly higher jobs than expected in January, the Fed could be prompted to raise the benchmark interest rates higher than projected. Amid this uncertainty, it could be prudent to buy less volatile and solid dividend-paying stocks such as KT Corporation (KT), Weis Markets (WMK), and…

StockNews.com · Feb 9, 2023

Egypt's inflation continues to surge as food prices rise

Egypt’s statistics bureau says inflation hit a new high in January

The Independent UK · Feb 9, 2023

Inflation ‘guaranteed’ to fall in 2023 unless new global shock hits, says Andrew Bailey

The Bank of England’s governor told MPs he is ‘concerned’ about the continued persistence of inflation, but expects the rate to halve this year

Evening Standard · Feb 9, 2023

Mobile and broadband prices: UK watchdog reviews inflation-busting rises

Ofcom could implement tougher protections against hefty bill increases midway through contracts

The Guardian - UK · Feb 9, 2023

Broadband and phone companies face Ofcom probe over inflation-linked price rises

Telecom companies are allowed to increase prices in line with inflation, plus roughly 4% extra on top of this, with many providers hiking costs by up to 14.4% this year under this rule

Daily Mirror · Feb 9, 2023