The Latest Breaking News from Inflation

WASHINGTON— Federal Reserve leaders pledged the central bank would continue an aggressive fight to cool an inflation rate that’s at a four-decade high, even if higher rates cause the risk of recession.

Central bankers see the monetary tightening continuing.

Retail companies have faced significant headwinds this year due to sky-high inflation and supply chain disruptions. However, Costco Wholesale's (COST) strong revenue performance and consistent margins have helped the stock to remain resilient amid retail troubles. So is this stock worth adding to your portfolio now? Let’s find out….

We learnt last week inflation is officially 6.1% – way above the average over the past 20 years of 2.5%. This is right in the middle of the Reserve Bank’s 2-3% target band.

The SPDR S&P 500 ETF Trust (NYSE: SPY) has rallied 3.2% in the past five days as investors seem to be taking an increasingly bullish tone toward the health of the U.S. economy, particularly on the inflation front.

There’s no dispute that the cost of consumer goods is soaring. The U.S. inflation rate rose 9.1 percent for the 12 months ending June 2022. With rising prices across many sectors, the prospect of shopping for your child’s school items can be daunting. What was once economical may now be…

With the cost of living soaring and huge demand for labour, low-paid workers are resetting their expectations after years of stagnant wages, Rebecca Macfie reports.

Editorial: A hike in interest rates does nothing to stifle inflationary pressures and adds to the pain for firms and households

The economic growth forecasts are truly dire and point to rising unemployment and falling wages growth

These days it seems like everything has a bigger price tag — from local gas prices, to groceries, rent and other necessities. Inflation has changed the prices of everyday goods throughout the years, with some years being worse than others.

REITs are considered excellent inflation-hedging investments due to their ability to benefit by increasing rents in an inflationary environment. Moreover, residential REITs have benefited from soaring home prices and mortgage rates. Thus, we believe it could be wise to buy quality residential REIT Daiwa House (DWAHY), which possesses robust financials.…