The Latest Breaking News from Inflation

Recent data shows a rise in wholesale costs in the US, driven by food prices, indicating persistent inflationary pressures.

Egg prices shot up 55% for the month according to government figures.

December S&P 500 E-Mini futures (ESZ24) are down -0.15%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.23% this morning as Treasury yields marched higher, while investors awaited crucial U.S. producer inflation data as well as the European Central Bank’s interest rate decision.

Supermarket prices will have shot up by 40% from 2020 to 2025 warns industry body in major threat to living standards

Shares have advanced in Asia after Wall Street resumed its upward climb as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve

Equities swung in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders also remained hopeful for more measures to stimulate China's economy.

Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.82%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.85%. Stock indexes on Wednesday settled mixed, with the Nasdaq 100 posting a new record...

An inline inflation report sealed the deal for a December rate cut and sent the tech sector soaring.