The Latest Breaking News from Inflation

US inflation tops forecasts, cementing odds of big Fed hike

U.S. consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve.

Tribune News Service · Sep 13, 2022

US inflation tops forecasts, cementing odds of big Fed hike

U.S. inflation was firmer than expected in August, likely keeping the Federal Reserve on track for a third-straight 75 basis-point interest-rate hike.

Tribune News Service · Sep 13, 2022

Inflation rises in August as gas prices cool

Economists expected a slight decline.

Axios · Sep 13, 2022

Mini-Budget held next week - but Parliament will only sit for a few days in three months

Despite a mini-Budget next week, the Commons could sit for just five 'normal' days between July 22 and October 17 - as skyrocketing inflation hits and key questions on energy bills lie unanswered

Daily Mirror · Sep 13, 2022

Grocery price inflation hits new record to add £571 to average annual bill

Retail categories like milk, butter and dog food are rising particularly quickly

Insider UK · Sep 13, 2022

Cost of living: How to cope with the rise in prices

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

The Independent UK · Sep 13, 2022

A souvenir from Biden's Inflation Reduction Act victory lap

The White House is holding a South Lawn event celebrating last month's signing of the green-energy-and-more package.

Axios · Sep 13, 2022

Dow, Nasdaq Futures Move Higher; All Eyes On Inflation Data

Pre-open movers U.S. stock futures traded higher in early pre-market trade on Tuesday after recording gains on Monday. The Dow Jones surged around 230 points, while the Nasdaq Composite jumped more than 150 points in the previous session.

Benzinga · Sep 13, 2022

Aldi becomes fourth largest supermarket as grocery inflation hits 12.4%

Lidl also reports big sales increase as research shows discount stores benefiting as shoppers economise

The Guardian - UK · Sep 13, 2022

Shoppers warned over £571 supermarket bill as inflation hits new high

Shoppers are being hit hard by grocery inflation

Manchester Evening News · Sep 13, 2022