The Latest Breaking News from Inflation

What is inflation and what is its current rate in the UK and Europe?

UK inflation fell this week as fuel prices dropped

The Independent UK · Sep 23, 2022

The Week Ahead: Fast-cooling inflation is not a slam dunk

For financial nerds, the Big Three are not LeBron James, Dwayne Wade and Chris Bosh of the NBA’s Miami Heat circa 2012. The Big Three of inflation are not nearly as flashy, but they are the stars dominating the field.

Miami Herald · Sep 23, 2022

Jonathan Levin: Fed splits the difference on labor market pain

The Federal Reserve is inching toward acknowledging how painful its inflation fight is likely to be, but it’s still a lot closer to the optimists than the pessimists.

Tribune News Service · Sep 23, 2022

Data | Rice, wheat push up inflation, but Southern States keep prices low

Cereal inflation highest since 2014, West Bengal, Rajasthan and Uttar Pradesh cross the 15% mark

The Hindu · Sep 23, 2022

Chancellor to set out plans for ‘new era focused on growth’ in mini-budget

Kwasi Kwarteng is expected to explain how the Prime Minister's tax-cutting promises will be put into practice

Wales Online · Sep 23, 2022

Energy crisis: why government support for businesses could harm the economy in the long run

The UK government hopes to protect businesses and public sector organisations against spiralling energy costs with a package that parallels the price cap and support payments recently promised to households. But these significant interventions come with a large and imprecise price tag that raise serious doubts about the government’s future…

The Conversation · Sep 23, 2022

Five charts that will underpin chancellor’s mini-budget

From soaring inflation and gas prices to tax take and national debt, these are the trend lines that frame Kwasi Kwarteng’s calculations

The Guardian - UK · Sep 23, 2022

Alibaba, XPeng Fall Over 1%: Hang Seng Opens Weaker As Investors Continue To Gauge Impact Of US Fed Rate Projections

Hong Kong stocks opened in the red on Friday, with shares of Alibaba and XPeng falling over 1% each as investors continued to gauge the U.S. Federal Reserve’s rate projections for tackling inflation. The Hang Seng Index fell 0.34% at the open and continues to trade near its 2011 lows.

Benzinga · Sep 23, 2022

ASX passes two-month low on US Fed's hawkish stance; banks, tech stocks weigh

Australian shares hit a more than two-month low, as investors returning to trading after a one-day holiday exit riskier assets following the US Federal Reserve reiterating its hawkish monetary policy outlook to fight soaring inflation.

ABC News · Sep 22, 2022

Activists arrested at Senate in protest over Joe Manchin’s pipeline bill

The bill was part of a deal to pass this summer’s Inflation Reduction Act, but faces opposition from both Republican and Democratic lawmakers

The Independent UK · Sep 22, 2022