The Latest Breaking News from Inflation

UK turns to credit cards as cost of living crisis hits

Inflation and imminent energy price rises to blame for move

Wales Online · Aug 31, 2022

Are Bears Ready to Push Stocks Back to June Lows?

The recent 18% rally for the S&P 500 (SPY) was a flight of fancy. Fed Chairman Powell made sure that message was heard loud and clear from the mountain tops in Jackson Hole. This sets up for an interesting fork in the road where dropping back down the June lows…

StockNews.com · Aug 30, 2022

UK food price inflation hits highest level since global financial crash

Prices in shops rose by 5.1% in August, British Retail Consortium finds, as the war in Ukraine pushes up prices up for farmers

The Guardian - UK · Aug 30, 2022

How Rising Interest Rates Could Affect These Mortgage REITs

A rising inflation rate has been a drag on the U.S. stock market for much of 2022. The Fed’s recent moves to curb inflation by raising interest rates multiple times may have kept inflation from growing much worse.

Benzinga · Aug 30, 2022

Energy prices could push UK inflation to 22%, a near post-war record

Goldman Sachs warns inflation could inflation peak above 22%, adding more pressure to households and businesses

The Guardian - UK · Aug 30, 2022

UK inflation ‘could hit 22% next year’ as recession looms

Research note from Goldman Sachs economists warns inflation could hit 22 per cent in January

The Independent UK · Aug 30, 2022

3 Undervalued REITs That Could Turn Around Soon

Between inflation worries and recession signals, the stock market is currently acting volatile. Some analysts, like Katie Stockton of Fairlead Strategies, have recently noted that stocks are in the beginning stage of a bear market cycle.

Benzinga · Aug 30, 2022

Inflation could rise to 22% in the UK if gas prices fail to drop, Goldman Sachs warns

Inflation is tipped to increase after the energy price cap rises from £1,971 to £3,549 on October 1

Evening Standard · Aug 30, 2022

Job vacancies rose in July, dashing Fed hopes for cooling

The number of open jobs in the United States rose in July after three months of declines, a sign that employers are still urgently seeking workers despite slowing economic growth and high inflation

The Independent UK · Aug 30, 2022

Holiday shopping season starts early amid inflation

Walmart unwrapped its annual top toy list Tuesday, nearly a month earlier than last year.

Axios · Aug 30, 2022