The Latest Breaking News from Inflation

RBA interest rates: Reserve Bank raises official rate to 2.35% amid inflation fears

The RBA decision brings the cash rate to the highest level since 2015, with mortgage holders set to face higher repayments

The Guardian - AU · Sep 6, 2022

Reserve Bank hikes interest rates to seven-year high

The Reserve Bank has lifted the official cash rate by another 0.5 basis points, to take official rates to a seven-year high.

The New Daily · Sep 6, 2022

Wage hikes make little impact: expert

Minimum wage rises have failed to keep up with GDP growth with workers on the lowest rung in society receiving only a 15-baht hike in the daily wage in the last 10 years, according to a Thammasat University economist.

Bangkok Post · Sep 6, 2022

Liz Truss triumphs – but she is already running out of time

Storm clouds are predicted for her first speech to the nation, as the new prime minister faces soaring bills and inflation

The Guardian - UK · Sep 5, 2022

Riding investment volatility to glory with the Nasdaq-100 Index®

The first half of 2022 has proven to be one of the most challenging environments for investors to navigate in decades. Inflationary pressures arose in 2021 as the world started reopening following mass vaccination against Covid-19. Nevertheless, inflationary pressures have only increased, forcing the Federal Reserve into an extremely hawkish…

Bangkok Post · Sep 5, 2022

UK facing 1970s-style balance of payments crisis under Liz Truss

Tax cuts and spending pledges could alarm global markets and trigger a 30% collapse in sterling, Deutsche Bank warns

The Guardian - UK · Sep 5, 2022

Who is to blame for the cost of living crisis?

With talk of inflation set to hit 20 per cent and Britons braced for the biggest hit to living costs in a generation, Greg Marsh asks: who is to blame?

Evening Standard · Sep 5, 2022

Congress can do more to reduce prescription drug costs

The Inflation Reduction Act is a huge step in the right direction. Two proposed laws would do more to help millions of Americans afford the prescriptions they need.

Chicago Sun-Times · Sep 5, 2022

Vegetable costs up 500%, threaten to fuel Pakistan inflation

Skyrocketing prices of tomatoes, potatoes and onions are putting food out of reach in flood-ravaged Pakistan and raising the specter of inflation hitting 30%, which may spur more monetary tightening.

The Times of India · Sep 5, 2022

Food, computers and other goods could be in short supply this Christmas

There could be more delays in the shipment of certain goods, particularly those made in Asian countries

Wales Online · Sep 5, 2022