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The Latest Breaking News from Inflation

Swiss National Bank Lowers Interest Rates Amid Inflation Concerns

Swiss National Bank cuts interest rates in response to easing inflationary pressure, diverging from global trend.

Top News

Economist suggests storing grain to prepare for next global emergency

Isabella Weber, who linked corporate profits to inflation, shares how to prevent food shortages – and price gouging

The Guardian - US

Tell us: how has inflation changed the way you grocery shop?

We want to hear about how the rising cost of food has affected people in the US

The Guardian - UK

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read the most diverse news in one place.

Immigrants help sustain job growth as inflation cools, economists say

Goldman Sachs told that to their clients in a note.

Latin Times

Bank Of England Unlikely To Cut Interest Rates

Bank of England holds interest rates despite inflation hitting target. Political implications of stable economy and upcoming election.

Top News

Pound falls as UK interest rates left on hold in ‘finely balanced’ decision – as it happened

Bank of England leaves interest rates unchanged despite inflation falling to its 2% target yesterday

The Guardian - UK

Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall

Any hopes the governing Conservative Party may have of the Bank of England cutting its main interest rate from a 16-year high of 5.25% are expected to be dashed

The Independent UK

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Asian Markets Swing As Traders Assess Rates Outlook

Asian markets drifted Thursday as investors try to gauge the outlook for US interest rates, while also keeping tabs on developments in France as it heads for crucial elections.

International Business Times

As Election Looms, BoE Set To Sit Tight On UK Rate

The BoE was widely forecast to keep its cost of borrowing at 5.25 percent, a 16-year high, following a regular monetary policy meeting.

International Business Times

UK interest rates: Bank of England announces interest rate decision after fall in inflation

Bank decision on interest rates comes a day after inflation fell to 2%

The Independent UK

Dallas among top three cities hit hardest by inflation, study shows

The city saw price increases above the national average in May, according to a report by WalletHub

Latin Times

New York Cuts Real Rents at Rent-Stabilized Apartments

The city's Rent Guidelines Board approved a nominal 2.75 rent increase for one million rent-stabilized apartments. That's below the year's 3.3 percent inflation rate.

Reason

Rising costs, rates cook record number of businesses

Insolvencies for Australian businesses have reached a record high as high inflation, elevated interest rates and weaker consumer demand squeezes margins.

AAP

UK inflation: which everyday items have fallen in price most?

The cost of gas, electricity and garden furniture has plunged … but cocoa and vets’ services cost a lot more

The Guardian - UK

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Evening Standard

Rishi’s LBC phone-in, inflation falls and Tories face London wipe-out - The Standard podcast

Plus a full automated transcript of today’s episode...

The Guardian - AU

Households are hurting. Savings are weak. The future’s uncertain. Is a rate cut near?

While some like to suggest another hike is needed, the RBA is not so quick to dismiss the pain the economy is already feeling

Evening Standard

Average London house prices down 4% annually in April — could cheaper mortgages be ahead?

The house price figures were released as data showed that inflation slowed to 2% in May.

Top News

Trump Praises Milwaukee, Targets Biden On Immigration In Wisconsin Rally

Former President Trump clarifies 'horrible' comment about Milwaukee, criticizes Biden's policies, and endorses a Republican Senate candidate in Wisconsin.

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Top News

UK Inflation Hits 2% Target After Three Years

Recent UK inflation hitting 2% target sparks economic and political debates, impacting households and policymakers.

The Independent UK

How do interest rates affect inflation and mortgages?

Hopes have been raised that lower levels of inflation will mean interest rates cuts and in turn lower mortgage costs

International Business Times

Trump Slams US Economy At Wisconsin Rally Despite Foxconn Setback

During his speech, Trump avoided mentioning Foxconn, instead focusing on current economic issues such as high inflation and soaring mortgage rates.

Evening Standard

OPINION - The Standard View: The Tories have all but given up on Londoners

Last autumn, a family of five beavers was released back into west London as part of the city’s rewilding scheme. If the polls are close to correct, a similar plan may be required for Conservatives in the capital.

The Independent UK

Average UK house price increased by 1.1% annually in April

The house price figures were released as data showed that Consumer Prices Index (CPI) inflation slowed to 2% in May.

The Independent UK

Research finds horrifying cost of a pint in 2040 if inflation stays at recent levels

Lager prices have soared 11% in a year - but there could be even worse news for drinkers around the corner

Evening Standard

'We got there,' says Rishi Sunak as inflation hits 2% after 11% peak as cost-of-living crisis grew

In rare glimmer of good news for the Tories, inflation dropped to the Bank of England’s two per cent target in May

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