The Latest Breaking News from Inflation

Wickes says falling timber prices ease price inflation at DIY chain

But energy costs are set to rise at the Watford-based chain when its current supply contracts ends in March

Evening Standard · Oct 21, 2022

Asian shares mostly fall as investors watch for inflation

Asian shares are mostly lower in muted trading as investors eye inflation and await the outcome of a Communist Party congress in China

The Independent UK · Oct 21, 2022

'Concerned' café owner warns coffee prices will jump amid cost of living crisis

The cost of a flat white coffee is likely to top £4 for the first time, as inflation returns to a 40-year high.

Daily Record · Oct 21, 2022

Those working minimum wage jobs not able to 'even maintain a basic standard of living'

The Living Wage Technical Group blasted the Government and said workers on low pay are not protected from inflation

Irish Mirror · Oct 20, 2022

2 Stocks to Unload From Your Portfolio Now if You Haven’t Already

The stubbornly high inflation and the Fed’s aggressive attempts to tame it are likely to keep the market under pressure. As the odds of recession increase, it could be wise to unload fundamentally weak stocks Carvana (CVNA) and Tellurian (TELL) if you haven’t already. Keep reading.

StockNews.com · Oct 20, 2022

4 Income Stocks You Could Buy and Hold Forever

As the central banks worldwide are determined to battle sky-high inflation with big rate hikes, top economists warn of a global recession on the way. While volatility is rife in the stock market, reliable dividend-paying stocks Pfizer (PFE), McKesson (MCK), Nutrien (NTR), and Genie Energy (GNE) might be ideal investments…

StockNews.com · Oct 20, 2022

Tesla stock down on growth worries

Investors are wary that the electric car maker may miss its growth targets due to inflation and logistical challenges.

Al Jazeera · Oct 20, 2022

Turkish Cenbank Slashes Rates More than Expected, Lira Hits Record Low

Türkiye’s central bank slashed its policy rate by a more-than-expected 150 basis points to 10.5% on Thursday, and promised to halt the easing cycle urged by President Tayyip Erdogan after another similarly-hefty cut next month. The move pushed the lira to a record low near 19 to the dollar and…

Asharq Al-Awsat · Oct 20, 2022

Ukrainian refugees in the UK who fled Putin’s war are turning to food banks amid soaring inflation

Food prices in the UK have soared, with inflation for food and non-alcoholic beverages currently at 14.6 per cent

The Independent UK · Oct 20, 2022

2 Brutal Sell-off Stocks to Avoid This Fall

The Fed seems to be gearing up to respond to hotter-than-expected inflation and employment data for September with further aggressive interest rate hikes. Hence, with market volatility set to become more severe, fundamentally weak stocks Coinbase Global (COIN) and DraftKings (DKNG) are best avoided now. Read on….

StockNews.com · Oct 20, 2022