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The Latest Breaking News from Inflation

Breaking 6 publishers covering this story in the last 6 hours

1h ago Stocks Climb as Traders Watch Past Treasury Yields. Nasdaq Composite Hits New High.
1h ago The Bond Market Doesn't Trust the Treasury
1h ago Euro hits 17-month low as French debt fears, US inflation lift dollar
1h ago MAGAnomics is starting to look uncomfortably like Bidenomics
2h ago GOP Sen John Kennedy Says Republicans Must Admit Trump-Era Inflation Is Hurting Americans: 'Tell Them the Truth'

Universities promise return to ‘pre-pandemic’ level of firsts

Universities pledge to bring number of first and 2.1s back into line with 2019 levels.

The Independent UK · Jul 4, 2022

Committee revises up GDP growth forecast

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has revised up its 2022 GDP growth forecast to at least 2.75%, up from 2.5%, but soaring inflation remains a wild card.

Bangkok Post · Jul 4, 2022

3 MLPs to Pay Attention to in July

The stock market has been experiencing a wild swing lately amid rising inflationary pressure and the Fed’s monetary policy tightening. However, fundamentally sound MLPs Suburban Propane (SPH), Höegh LNG Partners (HMLP), and Hess Midstream (HESM) could be a great addition to your watchlist, given the steady income stream they offer.…

StockNews.com · Jul 4, 2022

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Why are interest rates going up? What does inflation have to do with the Reserve Bank’s decision?

Interest rates have just risen, again. But do you understand why? Here's everything you need to know.

ABC News · Jul 4, 2022

Biden close to rollback of Chinese tariffs to fight inflation

President Joe Biden may announce as soon as this week a rollback of some U.S. tariffs on Chinese consumer goods — as well as a new probe into industrial subsidies that could lead to more duties in strategic areas like technology.

Tribune News Service · Jul 4, 2022

Homeowners warned to expect at least two further rate hikes as repayments soar

Cash rate predicted to rise again in August as the RBA attempts to bring down rising inflation

The Guardian - AU · Jul 4, 2022

Further rate rise to hit family budgets

The Reserve Bank of Australia board lifted the official cash rate to 1.35 per cent, adding to cost pressures on households.

AAP · Jul 4, 2022

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Higher interest rates may not slow inflation, and central banks are partly to blame

The Reserve Bank of Australia’s decision to raise the cash rate may backfire and cause economic instability

The Guardian - AU · Jul 4, 2022

John McDonnell calls for strict price controls on fuel and food basics

Former shadow chancellor says a radical response needed to the worst cost of living crisis in a generation

The Guardian - UK · Jul 4, 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 4, 2022

Pick Up This Sturdy Consumer Staple Stock in Times of Trouble

Given the growing concerns over the Fed’s hawkish stance to tame the rising inflation and the possibility of the economy tipping into a recession, it could be wise to invest in fundamentally solid consumer staple stock General Mills (GIS). Consumer staples stocks are seen as recession-proof due to the non-cyclical…

StockNews.com · Jul 4, 2022

Trump says Ukraine war, inflation wouldn’t happen if he were president

Former President Donald Trump also criticized Wyoming Rep. Liz Cheney in a series of Truth Social posts.

Axios · Jul 4, 2022

Add rent to the rising costs bedeviling small businesses

The rent has come due for America’s small businesses and at a very inopportune time

The Independent UK · Jul 4, 2022

Germany records first monthly trade deficit since 1991 as inflation soars

May’s €1bn deficit came as rising prices, falling demand and supply chain disruption hit industrial base

The Guardian - UK · Jul 4, 2022

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The Independent UK · Jul 4, 2022

German leader gathers employers, unions to tackle inflation

German Chancellor Olaf Scholz has gathered top employer and labor union representatives at his Berlin office to seek ways of addressing the impact of rising prices while preventing a spiral of inflation in Europe’s biggest economy

Wales Online · Jul 4, 2022

Shoppers aghast as Lurpak soars to £7.25 a tub

Brits facing soaring prices at supermarkets

The Guardian - UK · Jul 4, 2022

Turkey hit with soaring prices as inflation nears 80%

Growth in annual prices rose from 73.5% in May to 78.6% in June, but real rate could be double official figure

The New Daily · Jul 4, 2022

‘Serious financial stress’: Typical mortgage bills tipped to jump $792 by year’s end

Home owners are being warned to brace for their third interest rate hike in as many months on Tuesday as the Reserve Bank fights surging inflation.

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Evening Standard · Jul 4, 2022

The Standard View: London reels from the body blow of inflation

Inflation affects everyone, everywhere, but it hurts some of us more than others. And the bleak truth is that the less well-off and Londoners are affected more than most. The worrying finding of our Ipsos poll is that millions of people would find it “very difficult” to cope with inflation…

Evening Standard · Jul 4, 2022

Struggle to cope for millions as the big squeeze tightens

Exclusive poll reveals extent of cost-of-living crisis

Evening Standard · Jul 4, 2022

As we head back to the striking Seventies, blame inflation not the unions

“Although the Seventies remains a salutary lesson in what can happen, we should not talk ourselves into believing we are inevitably heading for a repeat performance.” So argued Jon Cunliffe, Deputy Governor of the Bank of England, back in April. I wonder if he’s having second thoughts. The number of…

ABC News · Jul 4, 2022

Can we avoid a recession? What we can learn from the Kiwis

New Zealand property prices have fallen every month this year following a series of punishing interest rate hikes that began last October. So far, the hikes have yet to dent inflation.

The Guardian - UK · Jul 4, 2022

Retirement on hold for UK’s over-60s as cost of living crisis bites

Many older people are now finding they cannot afford to meet basic outgoings. So retirement dates are being scrapped

The Guardian - UK · Jul 4, 2022

EasyJet operations chief quits; petrol hits new high; Suez Canal’s record revenues – as it happened

EasyJet’s chief operating officer Peter Bellew resigns amid growing anger over flight disruption

Asharq Al-Awsat · Jul 4, 2022

Turkish Inflation Seen Above 78% in June, Just Below 70% at End-2022

Turkey's inflation is expected to rise above 78% in June and it was seen declining to just below 70% by end-2022, a Reuters poll showed on Tuesday, as pricing behavior deteriorates across the board due to a weak currency and a loose monetary policy. Inflation has surged since last autumn,…

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