The Latest Breaking News from Inflation

Davos 2023: China reopening? Good for growth, but tread with caution

China's declaration that it is open for business was welcomed by attendees at the World Economic (WEF) as a likely boost to global growth, though many also expressed caution over how it could drive up global COVID-19 cases and inflation.

Reuters · Jan 20, 2023

2 Momentum Stocks You'll Kick Yourself Later for Not Buying Now

Given the inflationary environment, the Fed’s committed efforts in bringing inflation down to its 2% target will likely keep the market volatile in the near term. Therefore, Overseas Shipholding Group (OSG) and Adams Resources & Energy (AE), which have maintained strong momentum despite market fluctuations, could be ideal buys now.…

StockNews.com · Jan 20, 2023

Davos 2023: Key takeaways from the World Economic Forum

Global leaders and business executives departed a freezing World Economic Forum (WEF) meeting on Friday after a frank exchange of views over how the world will tackle its biggest issues in 2023.

Reuters · Jan 20, 2023

3 Bulletproof Stocks to Keep Your Portfolio Safe

Despite cooling inflation, the continued tightness in the labor market is likely to keep the Fed on track with its aggressive monetary policy for the rest of the year. With the market volatility expected to remain, fundamentally strong stocks Caterpillar (CAT), ADT (ADT), and Ingles Markets (IMKTA) might be ideal…

StockNews.com · Jan 20, 2023

The 3 Best Stocks to Buy With $20

The declining inflation, expected slower rate hikes, and a tight labor market are raising hopes of the economy achieving a soft landing. Moreover, the stock market is expected to recover this year. Therefore, investors could consider buying quality stocks United Microelectronics (UMC), Yext (YEXT), and Xperi (XPER), which are currently…

StockNews.com · Jan 20, 2023

IMF chief says global economic outlook ‘less bad’ than feared

Kristalina Georgieva hints growth forecast could be upgraded thanks to retreating inflation, but warns against overoptimism

The Guardian - UK · Jan 20, 2023

Cash-strapped families are suffering, says Tesco boss amid retail slump

The benchmark Consumer Prices Index measure of inflation fell to 10.5 per cent in December from 10.7 per cent in November

Evening Standard · Jan 20, 2023

Why are broadband and mobile prices rising by 14%?

Consumers urged to haggle as suppliers raise costs in line with inflation

The Independent UK · Jan 20, 2023

Cost of living crisis has closed more pubs and restaurants than Covid

Experts said the mass closures was largely due to rampant cost inflation, particularly through rising energy bills

Wales Online · Jan 20, 2023

New Year economic optimism might not outlast resolutions

City Voices: Economic news has lately been good -- but brace yourselves

Evening Standard · Jan 20, 2023