The Latest Breaking News from Inflation

Why Some Grocery Prices Are Finally Falling While Others Keep Rising Rising

Walking down supermarket aisles reveals confusing economic price movements today. Certain food items finally show welcome price drops while others remain expensive. Understanding underlying economic forces helps you shop smarter during inflation periods. Retailers respond to distinct agricultural pressures across different product categories daily. I will explain why some grocery…

Grocery Coupon Guide · Aug 3

Dollar Pressured by Strong Stocks and Easing Geopolitical Risks

The dollar index (DXY00 ) fell to a 7-week low today and is down by -0.10%. Easing geopolitical tensions in the Middle East are boosting stocks and reducing safe-haven demand for the dollar. Also, today's -6% plunge in WTI crude oil prices lowers inflation expectations and could prompt the Fed...

Barchart · Aug 3

Is Golf Becoming Too Expensive? I Think It's A Myth

Fergus Bisset wants to dispel the potentially harmful belief that the cost of golf is ballooning and becoming prohibitive

Golf Monthly · Aug 3

Federal Reserve Bank of New York President John Williams expects inflation to ease, says Fed will act if it doesn't

Federal Reserve Bank of New York President John Williams anticipates inflation will cool gradually. He believes current interest rate policy is well positioned for this outcome. However, Williams stated the Fed will raise rates if inflation does not slow. He does not foresee financial stability risks from artificial intelligence investments.…

The Economic Times · Aug 3

Govt cites global commodity, energy costs for rise in wholesale price inflation

Wholesale price inflation rose to 9.87 percent in June. This increase was largely driven by global commodity and energy costs. The government is actively undertaking measures to control inflation and its impact. Retail inflation has remained below the four percent target for two quarters. India's retail inflation rose to 4.38…

The Economic Times · Aug 3

Global Market: Euro zone bond yields decline as falling oil prices boost market sentiment

Euro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns and prompting markets to pare expectations for further ECB rate hikes. Investors also tracked diplomatic developments involving the U.S., Iran and the Strait of Hormuz.

The Economic Times · Aug 3

Britain's 2027 Money Warning: How a Closed Strait of Hormuz Could Hit Your Wallet

Ernst & Young warns that the UK could face a recession if the Strait of Hormuz remains closed, impacting inflation and economic growth. The closure affects global energy markets and UK households.

International Business Times UK · Aug 3

Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?

Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from small savings schemes and government securities. Deposit growth has slowed while credit demand has climbed significantly in recent months. This widening gap may compel banks to attract more deposits through…

The Economic Times · Aug 3

Global Market: UK growth at risk as EY flags inflation surge from Hormuz disruption

According to Reuters, EY expects the UK economy to expand by 0.8% in 2026 if the vital shipping route reopens by the end of September, before growing 1.2% in 2027 under its base-case scenario.

The Economic Times · Aug 3

Global Market: Fed pause sparks Treasury twist, rattles bond markets

The Federal Reserve's decision to keep interest rates unchanged triggered an unusual steepening of the US Treasury yield curve, with long-term yields surging while short-term yields fell. Investors questioned the Fed's commitment to fighting inflation, pushing the 30-year Treasury yield to a 19-year high. Markets now await the US July…

The Economic Times · Aug 3