The Latest Breaking News from Inflation

Manchin talks "inflaming inflation"

During Sunday's interview on "Meet The Press," Sen. Joe Manchin goes over his views on inflation and tax increases

Salon · Jul 31, 2022

Data | Why the rupee is under pressure — explained in seven charts

Amid the geopolitical tensions and increases by the Fed to combat U.S. inflation, the rupee has been on a downward spiral. Slowing exports and an inflated import bill have also weighed down the local currency. In order to iron out sharp volatility in the rupee, the RBI has dipped into…

The Hindu · Jul 31, 2022

Workers are being punished for inflation. The real culprit is corporate greed

Big corporations are using inflation as cover to raise prices. Yet the US Federal Reserve is raising interest rates – further hurting Americans

The Guardian - US · Jul 31, 2022

Fed Pause: It Was Always Just a Matter of Time

In just one day, the Fed has drawn even closer to being finished with rate hikes - or so they hope.  In fact, the market seems to believe the Fed will take a pause soon, perhaps starting the beginning of 2023. Inflation is still raging like an out of control…

Benzinga · Jul 30, 2022

Truss ‘fighting for every vote’ as her leadership bid gains momentum

The Foreign Secretary’s lead over Rishi Sunak was boosted by the endorsement of Tom Tugendhat.

The Independent UK · Jul 30, 2022

'You only have to look at energy prices to see what causes the cost of living to rise'

Shell have reported record profits of £10billion for a three-month period. This is a 10% increase on the previous three months, which means their profits are going up 40% a year

Daily Mirror · Jul 30, 2022

Cost of living crisis 2022: How to cope with the rise in prices

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

The Independent UK · Jul 30, 2022

Dems seem headed, finally, toward triumph on climate, health

It’s been more than a year in the making and has seen plenty of ups and downs

The Independent UK · Jul 30, 2022

Rishi Sunak says Truss’s tax-cutting plans will create ‘sugar rush boom’

Rishi Sunak said rival Liz Truss’s plans for vast tax cuts would “put fuel on the fire” of the inflation problem and create a “sugar rush boom”.Veteran political journalist Andrew Neil challenged the Tory leadership hopeful over his plans to tighten fiscal policy in a time when “the global economy…

Evening Standard · Jul 30, 2022

Britain's trains disrupted in second widespread rail strike in a week

Around 5,000 train drivers across almost a quarter of Britain's rail network went on strike on Saturday, as part of a campaign for higher pay after the country's inflation rate hit its highest in 40 years.

Reuters · Jul 30, 2022