The Latest Breaking News from Inflation

Kimberly Palmer: 5 ways to feel richer (even if you’re not)

With high inflation and economic uncertainty, it’s easy to feel stressed out about money

The Independent UK · Aug 1, 2022

The 'Inflation Reduction Act' Won't Actually Reduce Inflation

But it will hike taxes, including on Americans earning less than $200,000 annually.

Reason · Aug 1, 2022

Greater Manchester council backs pay increase for workers on par with inflation amid cost of living crisis

Hardship is as a result of the pandemic and 'the longest pay squeeze since the Napoleonic wars'

Manchester Evening News · Aug 1, 2022

HSBC to give £1,500 cost of living bonus to lowest-paid workers to help with rising bills

The bank has joined a list of businesses that are offering one-off bonuses to help support their staff during the cost of living crisis as inflation hits 40-year record highs

Daily Mirror · Aug 1, 2022

Inflation is spiking around the world – not just in the United States

The 9.1% increase in U.S. consumer prices in the 12 months ending in June 2022, the highest in four decades, has prompted many sobering headlines.

The Conversation · Aug 1, 2022

3 Stocks That Could Benefit From the Fed Raising Interest Rates

The multi-decade high inflation has forced the Federal Reserve to raise benchmark interest rates several times this year, and the central bank could consider hiking the interest rates further. While the rising rate environment has led to a sell-off in most sectors, it bodes well for financial companies, including banks.…

StockNews.com · Aug 1, 2022

RBA expected to hike rates by another 50 basis points to slow inflation

Market wrap: The RBA is widely expected to lift the cash rate by 50 basis points to 1.85 per cent as part of its commitment to slow inflation.

The New Daily · Aug 1, 2022

Beer taxes rise at fastest pace in decades as inflation squeezes patrons

Beer producers are warning patrols will pay more for booze after soaring inflation spurred the largest set of alcohol tax hikes in more than a decade.

The New Daily · Aug 1, 2022

From pay rises to bonuses - businesses 'going extra mile' to help during cost of living

A survey of 500 medium-sized businesses found many are offering financial support packages to support staff during the cost-of-living-crisis and to retain employees

Daily Mirror · Aug 1, 2022

The common supermarket foods that have doubled in price - in just one year

The official figures show the cost of food has gone up by 10%, but new analysis shows many popular items have gone up in price by much more, including brands like Heinz and Petits Filous

Daily Mirror · Aug 1, 2022