13 things we've learnt from the Welsh Government budget announcement It's been described as "unlike any since the start of devolution" Wales Online · Dec 13, 2022
'Santa is coming after all': Investors celebrate a cooler-than-expected inflation report Experts say inflation has peaked and that the Federal Reserve’s interest rate hikes may end soon. Should investors jump into stocks? Or is it a trap? Fortune · Dec 13, 2022
US inflation relief is finally happening, putting Fed pause in view U.S. inflation data offered the strongest evidence yet that price pressures have peaked, cheering financial markets and putting a pause from the Federal Reserve’s interest-rate hikes in view. Tribune News Service · Dec 13, 2022
Why America's inflation cooldown might be here to stay Key inflation drivers — housing, goods and services — are all pointing in a favorable direction. Axios · Dec 13, 2022
US inflation cools in November: How it may impact Indian stock markets NEW DELHI: After months of record high consumer prices, inflation pressure seems to be easing in certain major economies of the world. The Times of India · Dec 13, 2022
‘Things are getting better’: Biden says US economy ‘headed in right direction’ as inflation rate falls ‘In a world where inflation is rising at double digits in many major economies around the world. Inflation is coming down in America,’ Biden says The Independent UK · Dec 13, 2022
Inflation Cools to 7.1 Percent, but Still Has a Long Way To Fall Food prices were up 0.5 percent during November, even as energy prices fell by about 1.6 percent. Reason · Dec 13, 2022
US core CPI posts smallest monthly increase in more than a year A key gauge of U.S. consumer prices in November posted the smallest monthly advance in more than a year, indicating the worst of inflation has likely passed and validating an anticipated slowing in the pace of Federal Reserve interest-rate hikes. Tribune News Service · Dec 13, 2022
US inflation slowed sharply to 7.1% over past 12 months It was the fifth straight slowdown The Independent UK · Dec 13, 2022
US cost of living continues to rise but inflation appears to finally be slowing Latest consumer price index figures showed prices rising by 7.1% from last November, down from 40-year high of 9.1% in June The Guardian - US · Dec 13, 2022
Looking for a Deal? 2 Stocks to Buy for a Bargain Right Now The Fed is expected to slow down its rate hike aggression amid positive inflation data expectations. Moreover, the U.S. consumer sentiment remains strong despite rampant macro headwinds. Amid the broader market sell-off, investor sentiment toward value stocks has improved significantly. Therefore, Investors looking for a good deal might buy quality… StockNews.com · Dec 13, 2022
Inflation cools in November for the second-straight month Inflation is still way too high, but the data offers some hope that it can ease alongside a still-healthy economy. Axios · Dec 13, 2022
2 Top Stocks to Buy Hand Over Fist in December Inflation is expected to have eased further in November, and that will strengthen the central bank’s case to slow down interest rate hikes hereon, thus easing recession concerns. Therefore, buying quality stocks Cisco Systems (CSCO) and Molina Healthcare (MOH) could be wise. Read on…. StockNews.com · Dec 13, 2022
Springfield pauses private rented sector building for two years Trading update responds to government rent freeze, as well as impact of rising inflation and material market pressures Insider UK · Dec 13, 2022
WEKU · Dec 13, 2022 Inflation dips in November, as gasoline savings eclipse grocery price increases A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.
The Guardian - UK · Dec 13, 2022 UK labour market heads for turning point as pay growth nears peak Wage demands likely to cool as inflation starts to head down and unemployment rises
Wales Online · Dec 13, 2022 417,000 days were lost to strike action in October, highest number for a decade The toll is set to surge as industrial action ramps up, with Tuesday marking the start of a month-long wave of rail disruption, with nurses also set to strike. This comes on top of strikes this month by other emergency staff, such as ambulance crews and paramedics, as well as…
The Guardian - UK · Dec 13, 2022 UK public sector wages rise by 2.7% in a year as strikes loom Real pay for all workers also lags behind inflation, piling on pressure amid cost of living crisis
Chronicle Live · Dec 13, 2022 Unemployment rises sharply in North East as economy struggles The unemployment rate in the region had been at record lows in the previous two months
Evening Standard · Dec 13, 2022 Strikes blamed for most working days lost in more than 10 years Pay data reveals growing gap between private and public sector
Wales Online · Dec 13, 2022 'Difficult decisions needed' says chancellor as unemployment rises Jeremy Hunt warned inflation needed to be tackled otherwise it would 'prolong the pain'
The Independent UK · Dec 13, 2022 Asian shares mostly higher ahead of Fed rate hike decision Asian shares are mostly higher as the Federal Reserve and other central banks prepare for the year’s final barrage of interest rate hikes
ABC News · Dec 13, 2022 Consumers hopeful tide will soon turn on interest rates and home prices, but businesses gloomy Households are hoping interest rates will reach their peak soon and home prices may start to rise. However, rising inflation and interest rates have businesses worried about the future.
The Independent UK · Dec 13, 2022 US inflation report may show further slowing of price spikes A high-profile report on inflation to be released Tuesday morning could show another month of cooling prices and add to evidence that the pressures on American households are gradually easing
Tribune News Service · Dec 12, 2022 Inflation was so bad that it even crushed inflation-linked bonds As the U.S. economy veered toward the biggest inflation shock in four decades, investors flocked to the one corner of Wall Street that seemed a sure-fire refuge: Treasuries that provide extra compensation to keep up with rising consumer prices.