The Latest Breaking News from Inflation

Fed's Mester: Rate hikes have begun to quell US inflation

Growing evidence that high inflation is finally easing shows that the Federal Reserve’s sharp interest rate hikes are working as intended, says Loretta Mester, a key Fed policymaker

The Independent UK · Jan 18, 2023

2 "Strong Buy" Stocks Flying Under the Radar Right Now

Cooling inflation has raised signals of a slowdown in the interest rate hikes. However, given the widespread recessionary concerns, the stock market could remain volatile for some time. Therefore, it could be wise to scoop up fundamentally strong stocks BHP Group Limited (BHP) and Centene Corporation (CNC), which are flying…

StockNews.com · Jan 18, 2023

Millions hit by broadband and mobile price hikes of up to 17.3% - how to cut costs

Under current rules, telecom companies are allowed to increase prices mid-contract in line with inflation, plus roughly 4% extra on top of this - here is everything you need to know

Daily Mirror · Jan 18, 2023

Croatia clashes with traders over post-euro 'wild' price hikes

The Croatian government and businesses are at loggerheads as traders dismiss measures aimed at battling price hikes after the introduction of the euro by blaming inflation.

Reuters · Jan 18, 2023

Ministers hope Chancellor Jeremy Hunt will unveil tax cuts in the autumn before 2024 election

Ministers hope Chancellor Jeremy Hunt can announce tax cuts in the autumn ahead of a General Election a year later.

Evening Standard · Jan 18, 2023

3 Safe High-Dividend Stocks to Buy Right Now

While inflation pressures seem to be cooling, the Fed is expected to continue with its rate hikes, raising the chances of a recession this year. Hence, high-dividend stocks AbbVie (ABBV), Gilead Sciences (GILD), and Marine Products (MPX) might be solid buys for steady income amid current uncertainties. Keep reading.

StockNews.com · Jan 18, 2023

1 Semiconductor Stock You Should Buy Now

Despite facing inflationary headwinds and demand softness lately, semiconductor foundry major Taiwan Semiconductor Manufacturing Company (TSM) remains well-positioned to gain from the increasing demand for high-performance chips. Thus, we think it could be wise to buy the stock now. Read more….

StockNews.com · Jan 18, 2023

The Reserve Bank of Australia should hold off on raising rates again next month. Here’s why

Allowing time for the impact to flow through would be sensible. Inflation is falling, it’s just not yet visible in official figures

The Guardian - AU · Jan 18, 2023

December retail sales fall 1.1% after slipping in November

Americans cut back on spending in December, the second consecutive month they’ve done so, underscoring how inflation and the rising cost of using credit cards slowed consumer activity over the crucial holiday shopping season

The Independent UK · Jan 18, 2023

How inflation dip to 10.5% will impact your household budget, saving and spending next month

Pensions, mortgages and food shopping will also be affected by the December inflation figure.

Daily Record · Jan 18, 2023