The Latest Breaking News from Inflation

1 Stock to Buy This Week and 1 Stock to Dump

A resilient labor market is prompting the Fed to stick to its aggressive rate hikes to fight the stubbornly high inflation. Given the market uncertainties, investing in fundamentally strong stock, Microsoft Corporation (MSFT), might be wise. However, we believe Advanced Micro Devices (AMD) might be best avoided considering its bleak…

StockNews.com · Oct 10, 2022

Paul Tudor Jones Correctly Predicted The 1987 Stock Market Crash: Here's What The Billionaire Hedge Fund Manager Says Is Coming Next

Billionaire hedge fund manager Paul Tudor Jones sees continued weakness ahead as the U.S. economy heads for recession. 

Benzinga · Oct 10, 2022

IMF, World Bank warn of increasing risk of global recession

The heads of the International Monetary Fund and World Bank warned of a rising risk of a global recession as advanced economies slow and faster inflation forces the Federal Reserve to keep raising interest rates, adding to the debt pressures on developing nations.

Tribune News Service · Oct 10, 2022

2 Stocks with Plenty of Room to Get Bigger

With another solid employment report for September undermining the Fed’s persistent efforts to fight inflation, the borrowing costs are expected to increase further with another significant rate hike next month. However, businesses with enough scope for further market penetration are better placed to endure near-term macro headwinds. It could be…

StockNews.com · Oct 10, 2022

What does inflation mean for you?

Cost of living crisis continues to bite as energy bills, fuel and food prices climb

The Independent UK · Oct 10, 2022

Sajid Javid demands benefits hike as Liz Truss mounts desperate charm offensive

Tory former Chancellor Sajid Javid argued that benefits 'must stay in line with inflation' - as promised by previous PM Boris Johnson - rather than the lower level of average earnings

Daily Mirror · Oct 10, 2022

Inflation is hurting retirees, but there are ways to protect your lifestyle

Australia is in the grip of inflation not seen since the late 1980s, making it hard for retirees to survive on savings and the age pension.

The New Daily · Oct 10, 2022

DWP warning as update provided on whether benefits will rise in line with inflation

Liz Truss faces mounting pressure to raise benefits in line with inflation

Liverpool Echo · Oct 10, 2022

Decision on whether to raise benefits in line with inflation to be announced next month

It comes just days after members of the Cabinet publicly urged Liz Truss to raise benefits in line with inflation

Manchester Evening News · Oct 10, 2022

Kwasi Kwarteng bows to pressure and brings forward debt-cutting plan to Oct 31

Kwasi Kwarteng has bowed to pressure and brought forward the publication of a report from the Government’s independent fiscal watchdog.

Evening Standard · Oct 10, 2022