The Latest Breaking News from Inflation

APEC CEO Summit 2022: Transition to renewal economic perspectives for Asia Pacific inclusive growth

Economic resilience amid untamed inflation and rising global interest rates, along with high energy prices, are no longer today’s challenges for countries around the world to overcome.

Bangkok Post · Oct 3, 2022

ASX falls as Wall Street suffers three straight quarterly declines

Australian shares have fallen on Monday, as investors fretted that aggressive interest rate hikes to bring down red-hot inflation would tip the global economy into recession.

ABC News · Oct 3, 2022

Caught in a vicious currency cycle

Industry leaders have called on the government and related authorities to do more to prevent the depreciation of the baht and mitigate the impact of the Bank of Thailand's latest policy rate hike.

Bangkok Post · Oct 2, 2022

Why This Bear Market Is Not Even Close to Being Done…

For much of the last decade, the Fed was desperate to invigorate a stagnant labor market, especially from a wage perspective. To this end, it added trillions in liquidity to the global economy which had secondary effects of bubbles in all sorts of assets. Yet, the Fed was mostly unsuccessful…

StockNews.com · Oct 1, 2022

Why health care bills are on the rise

Inflation is expected to boost annual U.S. national health expenses by $370 billion by 2027 compared with pre-pandemic projections, consulting firm McKinsey says.

Chicago Sun-Times · Oct 1, 2022

Martin Lewis 'very concerned' amid uncertainty over DWP benefits rise

There are calls for them to increase in line with inflation

Nottingham Post · Oct 1, 2022

Eurozone rocked by record inflation as prices soar 10 percent

Eurozone consumer prices skyrocketed by a record 10 percent in September, according to official data released on Friday. Inflation has reached double digits on the back of soaring energy prices caused by Russia's war on Ukraine.

Radio France Internationale · Oct 1, 2022

Government may consider benefits cut to help fund tax breaks for rich, economists warn

Huge ‘unforced error’ set to push Britain back to George Osborne-era cuts, says think tank

The Independent UK · Oct 1, 2022

A bad year for Wall Street gets even worse, as stock markets finish September down

Amid heightened uncertainty about the global economy, all three U.S. indexes are in a bear market as the third quarter comes to a close.

WEKU · Oct 1, 2022

BBC World Service Terminates Arabic Radio after 84 Years

BBC has announced that it will close BBC Arabic radio after 84 years among other radios due to cost, inflation and licensing fees. Nearly 400 staff at BBC World Service will lose their jobs as part of a cost-cutting program and move to digital platforms, the broadcaster announced on Thursday,…

Asharq Al-Awsat · Oct 1, 2022