The Latest Breaking News from Inflation

Check out These 3 Stocks if You Want to Get Rich Over Time

Inflation is still running near the highest levels since 1980, despite Fed’s aggressive efforts to tame it. Although economic uncertainties are rising, staying invested and focusing on long-term strategies could be wise. We believe fundamentally solid stocks Microsoft (MSFT), Abbott Laboratories (ABT), and Kroger (KR) could be ideal buys to…

StockNews.com · Oct 17, 2022

Why The Fed Needs To 'Break The Labor Market' To Avoid A 'Wage-Price Spiral'

Another hot consumer price index (CPI) reading for September means the Federal Reserve will continue to aggressively tighten monetary policy for the time being.

Benzinga · Oct 17, 2022

These 2 Stocks Will Be Winners Over the Long Term

Inflation came in more than expected in September, raising the chances of a fourth 75-bps rate hike by the Fed at the year-end. The Fed’s aggressive rate hikes are leading the economy to a recession. However, investors should focus on long-term strategies to offset the current situation. We think fundamentally…

StockNews.com · Oct 17, 2022

Irish people struggling to pay with grocery bills to jump by €868 a year

Record levels of inflation have exacerbated the current cost-of-living crisis, with prices for the basics like bread and milk both ticking upwards to go to an overall rise for what you put in your trolley

Irish Mirror · Oct 17, 2022

Bank of Thailand flags inflation risk from further baht decline

The country faces the risks of inflation quickening further from a 14-year high if the baht continues to weaken, according to the central bank.

Bangkok Post · Oct 17, 2022

'We can’t go on lurching from crisis to crisis' - council's despair at UK's economic 'mismanagement'

As inflation soars and chaos grips Westminster, leaders in Sunderland have called for a return to stability

Chronicle Live · Oct 17, 2022

With Californians distressed over inflation, how will it affect the vote?

LOS ANGELES — At the Winery Restaurant in Newport Beach, which has sweeping views of the harbor and a luxurious wine list, the chile-lime-rubbed mahi-mahi served with tropical fruit chutney and jasmine rice cost diners about $32 in early 2020.

Los Angeles Times · Oct 17, 2022

Working a 65-hour week and struggling to make ends meet: welcome to Phoenix

Residents plan to ‘pay double’ in the Arizona metropolis, which has the highest inflation rate in the US

The Guardian - US · Oct 17, 2022

UK to enter recession until summer 2023, experts warn

High energy prices, surging inflation, rising interest rates and global economic weakness to blame

Wales Online · Oct 17, 2022

UN: Ukraine War Pushes 4 Million Children into Poverty

Russia's invasion of Ukraine and the resulting economic fallout have thrown four million children into poverty across eastern Europe and Central Asia, the UN children's agency said Monday. "Children are bearing the heaviest burden of the economic crisis caused by the war in Ukraine," UNICEF said. The conflict "and rising…

Asharq Al-Awsat · Oct 17, 2022