The Latest Breaking News from Inflation

How the UK energy crisis plan will affect bills and price inflation — an economist explains

A rapid rise in energy prices for households and businesses this year has led the UK government to outline its energy price guarantee plan, designed to ensure a typical household will pay no more than £2,500 annually for two years from October 1 2022. Businesses will have their energy costs…

The Conversation · Sep 14, 2022

As Inflation Soars, Biden Hosts Cringey Concert Celebrating the Inflation Reduction Act

James Taylor croons while the stock market burns after another ugly report on inflation.

Reason · Sep 14, 2022

American billionaires ‘lose $93bn in a day’ as new inflation figures hit markets hard

“Unemployment is low. Jobs are up. Manufacturing is good. I think we’re going to be fine,” said President Joe Biden

The Independent UK · Sep 14, 2022

Drivers issued update over fuel prices as inflation rate drops below 10 per cent

For the first time in months the inflation rate has dropped after hitting double figures in July - the first it's done so in 40 years. With this, drivers have been issued an important update over fuel.

Glasgow Live · Sep 14, 2022

1 Underperforming ETF Every Investor Will Want to Avoid Right Now

Cathie Wood’s ARK Investment Management’s flagship fund ARK Innovation (ARKK), has dropped more than 56% in price year-to-date, as its tech stock holdings have been hard hit amid the broader market sell-offs on concerns over rising inflation, aggressive interest rate hikes, and a potential recession. Hence, we think investors should…

StockNews.com · Sep 14, 2022

Bank tipped for half-point rates rise despite small fall in inflation

MPC rate decision delayed until next Thursday following death of Queen

Evening Standard · Sep 14, 2022

US wholesale inflation declines in August to still-high 8.7%

Inflation at the wholesale level jumped 8.7% in August from a year earlier, a slowdown from July yet still a painfully high level that suggests prices will keep spiking for months to come

The Independent UK · Sep 14, 2022

Details revealed: RBA review to probe interest rate settings and government’s role

The RBA review will investigate how governments can work with the central bank to manage fallout of soaring inflation rising interest rates.

The New Daily · Sep 14, 2022

Why Apple can hold the line on iPhone prices, as smartphones defy soaring inflation and keep getting relatively cheaper

Inflation in the U.S. is surging to near a 40-year high, with prices on food, fuel and pretty much everything seeming to rise more every month.

The Conversation · Sep 14, 2022

The Standard View: London will be united in mourning the Queen

The crowds gathered in their tens of thousands in Edinburgh to pay their final respects to the Queen. More lined the route from RAF Northolt in west London to Buckingham Palace as Her Majesty made her way home. And today, our city will again pay its respects to our departed…

Evening Standard · Sep 14, 2022