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The Latest Breaking News from Inflation

South Korea's GDP And Inflation Forecasts Raised By Think Tank

Korea Development Institute raises GDP and inflation forecasts, signaling economic growth and resilience in South Korea.

Top News

No, Politicians Can't 'Fix' Prices—and That's OK

Price controls lead to the misallocation of resources, shortages, diminished product quality, and black markets.

Reason

Asian Markets Track Wall St Records After US Inflation Data

Asian equities rallied Thursday after US data showed inflation cooled last month, fuelling speculation that the Federal Reserve will cut interest rates twice this year.

International Business Times

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Inflation news, unemployment data prompt stock rise

The ASX has hit a six-week high with the energy sector the only loser in a day of gains across the ASX.

AAP

A better-than-expected CPI report cheers investors.

A better-than-expected CPI report cheers investors. Walmart report on deck.

The Street

Analyst updates S&P 500 price target after CPI inflation surprise

Stocks are trading at all-time highs as investors see light at the end of a long inflation tunnel.

The Street

Market Records Continue Amid Political And Economic Uncertainty

Market trends, inflation, tariffs, and election uncertainty impact economic landscape. Small businesses and American consumers play key roles in market dyn...

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Bitcoin Price Surges Above ,000 As Inflation Eases

Bitcoin's value soars past ,000 driven by market optimism, inflation data, and Federal Reserve expectations. Predictions of 0,000 price by year-end.

Top News

Stock Indexes Post Record Highs as Economic Reports Bolster Rate Cut Hopes

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.88%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.49%. US stock indexes Wednesday rallied, with the S&P 500, Dow Jones Industrials, and the...

Barchart

Dow Jones Futures Rise On Cisco, Walmart After Market Rally Hits Highs, Nvidia Breaks Out

Futures rose on Cisco and Walmart. On Wednesday, the Dow, S&P 500 and Nasdaq hit record highs, with Nvidia leading new buys.

Investors Business Daily

Stocks Rally As Dow Nears 40,000 Milestone

Stocks rally as Dow nears 40,000 milestone on easing inflation concerns. Market awaits potential interest rate cuts for economic stimulus.

Top News

Don't Give Biden a Pass on Inflation. Don't Give Trump a Pass on COVID.

Will the real president of the United States during the years 2020 through 2022 please stand up?

Reason

Stock Market Today: Stocks Close at Record Highs After April CPI

Bulls stormed Wall Street today after a key inflation report showed consumer price growth cooled in April.

Kiplinger

Dollar Falls and Gold Rallies on Dovish US Economic Reports

The dollar index (DXY00 ) on Wednesday fell by -0.64% and posted a 5-week low. Wednesday’s US economic reports were dovish for the Fed and weighed on the dollar. Also, Wednesday’s rally in the S&P 500 to a record high curbed liquidity demand for the dollar. US Apr CPI eased...

Barchart

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Top News

S&P 500, Nasdaq Hit Record Highs Amid Rate-Cut Speculation

Stock market hits record highs on positive inflation data, fueling expectations of interest rate cuts by the Federal Reserve.

Top News

Nigeria's Inflation Reaches 28-Year High In April

Nigeria's inflation rate hits a 28-year high, driven by food prices and currency depreciation, posing economic challenges.

WEKU

Egg and milk prices fall, fueling hope for interest rate cuts

Inflation eased last month, according to a report Wednesday from the Labor Department, which means people feeling stretched by high prices and high borrowing costs could feel a little relief soon.

Kiplinger

April CPI Report Offers Some Relief: What the Experts Are Saying About Inflation

CPI moderated last month, boosting hopes for interest rate cuts coming sooner rather than later.

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The Guardian - UK

UK firms accused of profiteering as study finds margins rose 30% post-pandemic

Unite union study of 17,000 firms shows sectors from energy to banking, and vets to car dealerships, profited from inflation crisis

Barchart

S&P 500 and Nasdaq 100 Rally to Record Highs on Fed-Friendly Economic Reports

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.79%. US stock indexes this morning are mildly higher, with the S&P 500 and...

The Guardian - AU

Australians have lost 14 years of progress on living standards. A wages breakout? Please. If only

It is impossible for wages to drive inflation when they are actually rising slower than inflation

The Guardian - AU

Dutton readies budget reply as Chalmers links migration cut to inflation fight

Treasurer says migration ‘important’ but needs to be ‘well managed’

Investors Business Daily

Stocks Close With Record Highs; S&P 500 Closes Above 5,300 For First Time

The S&P 500 and Nasdaq composite reached new highs on Wednesday.

Barchart

Stocks Climb and Bond Yields Fall as US CPI Moderates

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.26%. US stock indexes this morning are mildly higher, with the S&P 500 posting...

International Business Times

US Consumer Inflation Eases Slightly In April, In Good News For Biden

US consumer inflation eased slightly last month, according to US government data published Wednesday, a positive sign for President Joe Biden ahead of November's election.

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