The Latest Breaking News from Inflation

Rising inflation weakens outlook for Scottish economic growth in 2023

The Scottish economy had shown healthy growth before contracting in April, but the cost of living crisis, inflation and interest rate rises are…

The National (Scotland) · Jun 30, 2022

Soaring inflation to hit Britain harder than any other major economy

To address inflation, the Bank of England warns it may need the option of half-point interest rate rises

Wales Online · Jun 30, 2022

Rising inflation weakens outlook for growth in 2023

The cost of living crisis means consumers are spending less on non-essentials

Insider UK · Jun 29, 2022

The Midway Point Of The Year - What Is Next For The Stock Market?

Stock indexes are coming off their first winning week in over a month even as economic and geopolitical storm clouds remain little changed. While bulls want to believe this is an early sign that stock prices may be close to finding a bottom, others caution that portfolio rebalancing could be…

Benzinga · Jun 29, 2022

Explainer-Hurdles ahead as Philippines' Marcos begins six-year presidency

Ferdinand Marcos starts his six-year term as Philippines president on Thursday facing a host of challenges, from rising inflation and pandemic recovery to balancing relations between competing superpowers the United States and China.

Reuters · Jun 29, 2022

UK will face worse inflation than other major economies, says Bank governor

Andrew Bailey said inflation would persist for longer than previously expected as petrol prices soar

The Guardian - UK · Jun 29, 2022

Economic View Of The Australian Dollar

As fears that a recession is just around the corner for the US, some economists are warning that Australia could follow suit.  Some, however, remain bullish on the Australian economy due to high household savings, strong commodity exports, accommodative government stimulus and a robust pipeline of residential building constructions. 

Benzinga · Jun 29, 2022

3 Bargain Stocks Near 52-Week Lows to Buy and Forget

The lingering inflation and the Fed’s aggressive rate hikes are taking a toll on the market. However, we think it could be wise to buy and hold financially robust bargain stocks Meta Platforms (META), Micron Technology (MU), and Incyte (INCY), which are currently trading near 52-week lows. Keep reading….

StockNews.com · Jun 29, 2022

As US Economy Weathers Inflation, GDP Growth Turns Negative: Are We Headed For A Recession?

For the first time since the start of the COVID-19 pandemic in 2020, the Bureau of Economic Analysis has reported a decrease in real gross domestic product –— GDP. 

Benzinga · Jun 29, 2022

Powell: 'No guarantee' Fed can tame inflation, spare jobs

Federal Reserve Chair Jerome Powell said there’s “no guarantee″ the central bank can tame runaway inflation without hurting the job market

The Independent UK · Jun 29, 2022