The Latest Breaking News from Inflation

2 Stocks Investors Should Steer Clear of in the New Year

Last year, the stock market suffered greatly due to sky-high inflation and consecutive rate hikes. With the Fed expected to continue the rate hikes and a recession seemingly on the horizon, fundamentally weak stocks CarMax (KMX) and SiTime (SITM) might be best avoided. Keep reading….

StockNews.com · Jan 6, 2023

Top central banker says Fed officials screwed up on inflation because of Uber-like ‘surge pricing’ that they didn’t think was possible

“Why did we miss it?” Minneapolis Federal Reserve president Neel Kashkari wrote in a Wednesday article when discussing the rise of inflation. His answer: “surge pricing inflation.”

Fortune · Jan 6, 2023

2 Stocks You Shouldn't Touch With a 10-Foot Pole

Although inflation has started showing signs of easing, minutes from the Fed’s last policy meeting indicate interest rate hikes to continue. This is expected to put further pressure on internet stocks. Therefore, it could be wise to avoid fundamentally weak Internet stocks Shopify Inc. (SHOP) and DoorDash, Inc. (DASH). Read…

StockNews.com · Jan 6, 2023

Why These 2 Stocks Should Be Your Top Picks For 2023

While inflation seems to be cooling, a strong job market will likely keep the Fed on track with its aggressive interest rate hikes. With the odds of a recession increasing, the stock market seems unlikely to stabilize anytime soon. Given this backdrop, investing in fundamentally strong stocks UnitedHealth Group (UNH)…

StockNews.com · Jan 6, 2023

Ireland’s rate of inflation has peaked – finance minister

Michael McGrath welcomed the figures but said that there ‘is still a long way to go to’ before inflation is fully under control.

The Independent UK · Jan 6, 2023

Price of Greggs sausage roll goes up again amid inflation pressures

The bakery chain says that even though consumers are facing cost of living pressures, its meals remain 'good value'

Chronicle Live · Jan 6, 2023

Eurozone inflation down more than expected but further interest rate rises ahead

Rising core inflation has intensified the challenge facing the European Central Bank

Evening Standard · Jan 6, 2023

Global economy 2023: why there will still be plenty of pressure on food prices in the year ahead

Welcome to this special report on the food industry, the fourth instalment in our series on where the global economy is heading in 2023. It follows recent articles on inflation, energy and the cost of living.

The Conversation · Jan 6, 2023

3 Stocks to Buy Like There's No Tomorrow

While inflation eased considerably for two consecutive months, the Fed signaled to keep raising interest rates through this year. The potential continuation of rate hikes has fueled recessionary concerns. Amid an uncertain macroeconomic backdrop, it could be wise to buy fundamentally strong stocks Merck (MRK), Biogen (BIIB), and MasterCraft Boat…

StockNews.com · Jan 6, 2023

Greggs increases the cost of popular baked snack AGAIN despite rising sales

Greggs has reported strong sales growth for 2022, but despite that, the bakery chain has been forced to increase the cost of its most popular baked item once again due to rising inflation

Daily Mirror · Jan 6, 2023