The Latest Breaking News from Inflation

Commentary: Here’s how companies can strong-arm their suppliers into cutting carbon emissions

The Inflation Reduction Act is both the most important federal climate legislation ever and sadly inadequate to protect the U.S. and the world from the effects of climate change. Where it falls short, states could intervene with tougher regulations — but many won’t. That leaves corporations, which can pressure their…

Los Angeles Times · Oct 11, 2022

Inflation: why France is holding up better than its neighbours (for now)

The combination of the Covid pandemic and energy crisis linked to the Ukraine war have put global financial stability in an unenviable position. Faced with rising uncertainty, policy-makers around the world have imposed a range of policies and restrictions. These, in turn, have rocked businesses and supply chains, causing the…

The Conversation · Oct 11, 2022

Editorial: Biden's marijuana pardons are a good step, but more is needed

For a president in his late 70s, Joe Biden has been surprisingly forward-looking in many of his policy priorities, including the climate change-combating Inflation Reduction Act and action on the student debt crisis.

Tribune News Service · Oct 11, 2022

UK unemployment falls but number of long-term sick rises to record high

Jobless level lowest since 1974 but pay growth still failing to keep pace with soaring inflation

The Guardian - UK · Oct 11, 2022

Germany will discuss US inflation act with Washington - Scholz

Germany will discuss the United States' Inflation Reduction Act with Washington to address competition concerns, German Chancellor Olaf Scholz said on Tuesday.

Reuters · Oct 11, 2022

Britons buy more ‘wonky’ veg and frozen food as living costs soar

Supermarket price inflation at record high, adding £643 a year to average family’s grocery bill

The Guardian - UK · Oct 11, 2022

Asian Markets Swing on Recession Fears as Inflation Data Looms

Most markets fluctuated in Asian trade Tuesday as traders grow increasingly fearful that more big interest rate hikes will tip economies into deep recessions, with the mood also darkened by the worsening Ukraine war and worries over China's outlook. With the focus on inflation, analysts said consumer price index data…

Asharq Al-Awsat · Oct 11, 2022

Food price inflation hits record highs adding £643 to annual shopping bills

Shoppers are turning to cheaper alternatives, such as wonky fruit and veg, to save money

Evening Standard · Oct 11, 2022

Chalmers flags gas action, with escalating power prices a cost-of-living nightmare for government

High and rising power prices will become a bigger part of Australia’s inflation problem over time, Treasurer Jim Chalmers has warned, as he foreshadowed more government action to combat high gas prices.

The Conversation · Oct 11, 2022

All the Tories demanding Liz Truss stops benefit cut as she faces Cabinet showdown TODAY

Liz Truss is still weighing up whether to raise benefits in line with inflation, despite an avalanche of opposition from Tories across the spectrum. We look at what a DWP Universal Credit cut would mean for you - and the MPs against it

Daily Mirror · Oct 11, 2022