The Latest Breaking News from Inflation

The Chancellor said the expected rise in benefits and pensions is likely to be ‘significantly higher than inflation’ in 2023.

Concerns over high inflation, the Fed's hawkish monetary policy, and the potential for the economy to slide into a recession have caused the market to suffer a significant correction of late. But the current downtrend could be a great opportunity to scoop up shares of quality companies LiveRamp Holdings (RAMP)…

Concerns over aggressive interest rate hikes to fight the multi-decade high inflation and a looming recession have recently kept the stock market under pressure. However, growth stocks Taro Pharmaceutical (TARO), Superior Industries (SUP), Viavi Solutions (VIAV), CEVA (CEVA), and SMART Global Holdings (SGH) are well-positioned to rebound.

Mr. Albanese's decisions in the next three years will have far-reaching consequences

His comments came after the Chancellor revealed a package of measures designed to help people across the UK during the cost of living crisis.

Chancellor Rishi Sunak said the rising cost of living is good for state pensioners and benefits claimants, but they will have to wait until next April to see any changes

Analysis: permanent increase in benefits needed to deal with rising prices and inflation, thinktanks say

Even though the technology industry recently entered oversold territory on investors’ deep concerns about the Fed’s aggressive interest rate increases to fight inflation, the demand for advanced technologies is expected to remain high in the current, digital, era. So, we think it could be wise to buy the price dip…

Stagflation

At the Spring Budget in March, Rishi Sunak spent roughly £9bn to help with the cost of living and received precious little credit for it. This is partly because at the same time, while inflation was hitting 7 per cent, the Chancellor chose to increase benefits by 3.1 per cent.…

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