The Latest Breaking News from Inflation

US labor costs trail forecasts, adding to slower inflation signs

U.S. employment costs rose at a slower-than-expected pace in the closing months of 2022, adding to signs of moderating inflation that reinforces the case for a smaller interest-rate increase by the Federal Reserve this week.

Tribune News Service · Jan 31, 2023

India’s budget for new financial year to be in tough constraints

Tapering growth, untamed inflation, and a need to be pro-welfare in run-up to elections will shape Modi’s budget.

Al Jazeera · Jan 31, 2023

3 Stocks That Could Help You Beat the Market in 2023

Looming recession fears, the Federal Reserve’s persistent monetary tightening plans, and stubbornly high inflation continue to impact investor sentiment. Hence, it could be wise to add fundamentally sound stocks Pfizer (PFE), Rio Tinto (RIO), and Lockheed Martin (LMT) to beat the market fluctuations this year. Continue reading….

StockNews.com · Jan 31, 2023

Music venues threatened by energy crisis as well as slow pandemic recovery, say campaigners

Music Venue Trust says grassroots venues have not fully recovered from pandemic lockdowns, and now face skyrocketing inflation including a 25% rise in ticket prices

The Guardian - UK · Jan 31, 2023

Homeowners and housing market on watch for signs of peak rates into Bank of England hike

Monetary Policy Committee set to lift base rates at high noon on Thursday

Evening Standard · Jan 31, 2023

US workers' pay slowed in the final quarter of 2022

Pay and benefits for America’s workers grew at a healthy but more gradual pace in the final three months of 2022, the third straight slowdown that could help reassure the Federal Reserve that wage gains won’t fuel higher inflation

The Independent UK · Jan 31, 2023

Best Stocks to Buy Right Now? 3 Large Caps to Watch this Week

Although inflation has cooled down over the past few months, the Fed intends to keep raising interest rates until inflation falls to its desired level. This is expected to push the economy into a recession. Investors looking to stabilize their portfolios against potential market volatility might look to add large-cap…

StockNews.com · Jan 31, 2023

The Standard View: Britain’s economy is falling behind, with little end in sight

After national security, a strong economy is the top priority for any democratically-elected government. Sustainable growth and low inflation don’t just look good in Budget red books, they materially improve the lives of citizens. But in absolute and relative terms, Britain is falling behind.

Evening Standard · Jan 31, 2023

Why the UK economy is worse off than Russia and other EU countries

IMF says UK economy will contract by a worse-than-expected -0.6 per cent

The Independent UK · Jan 31, 2023

Leaked EU plan reveals response to US and Chinese green subsidies

Draft plan to loosen state aid rules follows Joe Biden’s Inflation Reduction Act and Chinese subsidies

The Guardian - UK · Jan 31, 2023