The Latest Breaking News from Inflation

1 Growth Stock You Can Hold for the Next Decade

Steady moderation in inflation and the Fed’s downshift on tightening might help growth stocks to stage a recovery this year. Moreover, healthcare giant CVS Health (CVS) reported solid third-quarter results and raised its full-year guidance. With the potential of strong growth across its business segments, it could be wise to…

StockNews.com · Feb 7, 2023

2 Stocks to Buy as Inflation Fears Fade

Investor optimism has increased considerably in the past few weeks thanks to cooling inflation figures, the Fed’s downshift on monetary tightening, and fading recession fears. Moreover, a strong job report reflects a fairly resilient economy. As the prospects for the global economy are improving, investors could consider buying fundamentally strong…

StockNews.com · Feb 7, 2023

3 Stocks That Will Be Big Winners in 2023

Easing inflation and smaller rate hikes by the Fed have revived investor optimism. However, the Fed’s commitment toward the 2% inflation target could keep the market under pressure for some time. Given this backdrop, it would be wise to invest in quality stocks UnitedHealth Group (UNH), PepsiCo (PEP), and Kroger…

StockNews.com · Feb 7, 2023

RBA warns of at least 2 more interest rate rises in coming months, as the economic outlook worsens

Australia’s cash rate has hit 3.35%, after the Reserve Bank raised interest rates for the ninth time in a row – and signalled more interest rate pain ahead. The 0.25 percentage point rise adds A$90 a month to a $600,000 variable mortgage.

The Conversation · Feb 7, 2023

Asian stocks mixed after Wall St sinks on rate fears

Asian stock markets are mixed after Wall Street sank under pressure from worries about higher interest rates and Japan reported stronger wage gains than expected

The Independent UK · Feb 7, 2023

Australia lifts cash rate to 3.35% with 9th rate hike

Australia's central bank has lifted its benchmark interest rate for a ninth consecutive time to 3.35% as it battles inflation that rose to 7.8% in the latest quarter

The Independent UK · Feb 7, 2023

‘Higher than expected’: RBA signals more rate hikes as 2023 inflation battle begins

The Reserve Bank has kicked off the New Year with another squeeze on homeowners, lifting its target cash rate to a decade-high 3.35 per cent.

The New Daily · Feb 7, 2023

RBA interest rates: Reserve Bank lifts official rate to 3.35% in record ninth consecutive hike to tame inflation

Mortgage holders likely to feel immediate pain but RBA indicates further increases to come in attempt to bring inflation under control

The Guardian - AU · Feb 7, 2023

Cereal Is The Latest Food Item To Be Swallowed By Inflation W/ Boxes Going For Almost $10 Each

"When did Kelloggs become a designer brand?"

Pedestrian.tv · Feb 7, 2023

RBA hikes interest rates to decade-high in first meeting of 2023

The Reserve Bank has raised interest rates to a decade high 3.35 per cent at its first meeting of the year in a bid to curb sky-high inflation

The New Daily · Feb 7, 2023