The Latest Breaking News from Inflation

Policy rate rise expected

The meeting of the Bank of Thailand's Monetary Policy Committee (MPC) next week is expected to raise the policy rate by 0.50%, according to Pipat Luengnaruemitchai, chief economist of KKP Research under Kiatnakin Phatra Securities Public Co.

Bangkok Post · Aug 3, 2022

Raising interest rates will cause more bankruptcies and redundancies, expert warns

The Bank of England is trying to use higher borrowing costs to cool runaway inflation - but the timing was slammed by ex-MPC member Professor Blanchflower, who said he would vote to cut rates instead

Daily Mirror · Aug 3, 2022

GOP targets for Dem bill: Inflation, taxes, Manchin, Sinema

Republicans see inflation, taxes and immigration as Democratic weak spots worth attacking in the upcoming battle over an economic package the Democrats want to push through the Senate

The Independent UK · Aug 3, 2022

Stock Market Rally Continues Despite Repeated Fed Rate Hike Warnings

The SPDR S&P 500 ETF Trust (NYSE: SPY) has rallied 3.2% in the past five days as investors seem to be taking an increasingly bullish tone toward the health of the U.S. economy, particularly on the inflation front.

Benzinga · Aug 3, 2022

How to save on back-to-school items during tax-free shopping days

There’s no dispute that the cost of consumer goods is soaring. The U.S. inflation rate rose 9.1 percent for the 12 months ending June 2022. With rising prices across many sectors, the prospect of shopping for your child’s school items can be daunting. What was once economical may now be…

Tribune News Service · Aug 3, 2022

The Guardian view on the economy: a mess the Bank is making worse

Editorial: A hike in interest rates does nothing to stifle inflationary pressures and adds to the pain for firms and households

The Guardian - UK · Aug 3, 2022

Australia’s economy is set to grow slower than it ever has outside of recession. This is bad news for our standard of living

The economic growth forecasts are truly dire and point to rising unemployment and falling wages growth

The Guardian - AU · Aug 3, 2022

Are things really more expensive these days? Compare prices and inflation to 50 years ago

These days it seems like everything has a bigger price tag — from local gas prices, to groceries, rent and other necessities. Inflation has changed the prices of everyday goods throughout the years, with some years being worse than others.

Tribune News Service · Aug 3, 2022

1 Residential REIT to Buy and 1 to Sell

REITs are considered excellent inflation-hedging investments due to their ability to benefit by increasing rents in an inflationary environment. Moreover, residential REITs have benefited from soaring home prices and mortgage rates. Thus, we believe it could be wise to buy quality residential REIT Daiwa House (DWAHY), which possesses robust financials.…

StockNews.com · Aug 3, 2022

Andhra Pradesh: YSRCP MPs up the ante against Centre over inflation

GST is the most regressive taxation policy, says M. Bharath

The Hindu · Aug 3, 2022