Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Inflation

Verizon Bumps Up Wireless Prices Citing Inflation Woes After AT&T

For the first time in two years, Verizon Communications Inc (NYSE:VZ) will raise prices on its wireless bills, helping it shift the burden of higher costs, Bloomberg reports. Industry watchdogs had warned that post-T-Mobile US, Inc's (NASDAQ: TMUS) acquisition of Sprint Corp, there would be fewer wireless competitors, making it easier to raise prices. Implementing higher charges…

Benzinga

‘Think and reflect’ before seeking pay rise, says £575,000-a-year Bank of England chief

‘It’s a societal question but I am not preaching about this’ says governor Andrew Bailey

The Independent UK

Former Federal Reserve chairman warns of ‘stagflation’ crisis similar to the 1970s

The former Federal Reserve chairman warned of a coming economic morass in the next decade.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Bank of England governor rejects criticism on inflation

Bank of England Gov. Andrew Bailey has rejected criticism that the institution didn’t move quickly enough to quash inflationary pressures

The Independent UK

Spiraling inflation may boost gold demand as a hedge: Report

MUMBAI: Despite the World Gold Council's projection of a dip in consumer demand for the precious metal this fiscal on the back of rising prices and record imports last fiscal, a foreign brokerage report has suggested that the demand may rise more than generally projected as households may snap up…

The Times of India

RBA contemplated larger cash rate hike

The minutes of the Reserve Bank of Australia's May board meeting show there was concern among board members about waiting to raise the cash rate.

AAP

Explained: Why inflation in India will take time to moderate even after rate hikes

NEW DELHI: At a time when major economies are bracing up with measures to control soaring prices of essential commodities, a report by State Bank of India (SBI) economists cautioned that India's inflation internals are much different than those of advanced economies like the US.

The Times of India

Read news from The Economist, FT, and more,
with one subscription

Series I bonds pay record 9.62% interest rate ⁠— here’s how to buy them

If you’re looking for an investment with a high interest rate, inflation protection and the safety of government backing, then Series I bonds could be an attractive addition to your portfolio. The interest rate on these bonds increases as inflation rises, ensuring that your payout keeps pace with rising prices…

Tribune News Service

Inflation rises in Nigeria amid fuel scarcity and insecurity

The hike in inflation means purchasing power of Nigerians, some of whom live on $50 monthly minimum wage, is declining.

Al Jazeera

5 Red-Hot Consumer Cyclical Stocks Bucking the Market’s Downtrend

The stock market posted gains on Friday, providing some relief from the aggressive selling earlier in the week. Investors tend to flee from cyclical stocks in a recessionary environment. However, we think fundamentally strong consumer cyclical stocks that have bucked the market downtrend this year, Mattel (MAT), WestRock (WRK), International…

StockNews.com

Warning over 'apocalyptic' food prices and 'income shock' from energy costs

The Governor of the Bank of England said he felt 'helpless'

Wales Online

‘Apocalyptic’ food prices will be disastrous for world’s poor, says Bank governor

Bank of England’s Andrew Bailey blames UK’s highest inflation rate for three decades on Russia-Ukraine war and Covid

The Guardian - UK

5 top mistakes to avoid during a market selloff

Stocks, cryptocurrencies and even bonds have tumbled in 2022 as investors react negatively to rising interest rates, soaring inflation and the Russia/Ukraine conflict.

Tribune News Service

Bank of England chief warns over ‘apocalyptic’ food price rises

Governor Andrew Bailey said he felt helpless as he defended the Bank’s monetary policy despite soaring inflation.

The Independent UK

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Wheat Futures Rise On Exports Restrictions, Russia/Ukraine Crisis, Soaring Inflation: What's Next?

The Teucrium Wheat Fund (NYSE: WEAT) gapped up 3.34% on Monday. The fund, which tracks the price of wheat futures, shot up almost 9% between May 9 and Friday and has soared almost 70% higher since Feb. 3.

Roll Call

House Republicans make case for November victory at roundtable on inflation - Roll Call

House Minority Leader Kevin McCarthy on Monday convened a roundtable to highlight the impacts of record inflation and propose changes.

Daily Mirror

Bank of England governor gives 'apocalyptic' warning about food prices due to Ukraine war

Andrew Bailey, the governor of the Bank of England, said he sounded 'rather apocalyptic' about the risk of foods like wheat and cooking oil being produced in Ukraine but unable to get out

The Independent UK

Bank of England governor warns of ‘apocalyptic’ impact of global food prices

Andrew Bailey admits UK is in a ‘bad situation’ and faces potentially ‘apocalyptic’ food-price increases, as he’s grilled by MPs

Get all your
news in one place.

100’s of premium titles.
One news app.

Reuters

Hungary PM Orban warns of "era of recession" in Europe

Hungarian Prime Minister Viktor Orban on Monday raised the spectre of an "era of recession" in Europe as the continent grapples with surging energy costs and rising inflation due to the war in Ukraine.

Chronicle Live

Greggs price rises are 'inescapable' warns Newcastle food-on-the-go firm's CEO

The company has warned of increasing costs and said customers should expect further price rises as a result

Manchester Evening News

Cost of living crisis: Greggs warns prices of pasties and bakes will rise

The prices of Greggs steak bakes, sausage rolls and other popular items could increase by up to 10p

Tribune News Service

China’s economic activity collapses under Xi’s COVID Zero policy

China’s economy is paying the price for the nation’s COVID Zero policy, with industrial output and consumer spending sliding to the worst levels since the pandemic began and analysts warning of no quick recovery.

Wales Online

Tory MP admits benefits should go up 'immediately' after food bank visit

Michael Fabricant says 'people on the breadline cannot afford to wait'

Nottingham Post

Concerns raised over Nottinghamshire Fire and Rescue Service finances

There could be a £2m funding gap in its budget next year

The Guardian - UK

EU growth forecast cut as war in Ukraine fuels inflation

European Commission downgrades growth prospects from 4% to 2.7%, while economy slows rapidly in China

1 … 856 857 858 859

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.