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The Latest Breaking News from Inflation

Turkish cost-of-living crisis drags on as voters reject Erdogan's AKP

As Turkey's opposition celebrates a strong showing in local elections, the country's official inflation rate has crept back up to 67 percent, despite President Recep Tayyip Erdogan's shift towards mainstream economic policies. Also in this edition: Germany's legalisation of recreational cannabis aims to curb the black market, but misses out…

France 24

Gold Hits Another Record High On Fed Rate Cut Bets

The precious metal has enjoyed healthy buying interest this year as the US central bank hints at an easing of credit conditions.

Latin Times

The UK’s new minimum wage ‘badly needed’ but many calling for more

UK’s new legal minimum wage gets a 9.8 percent rise, the highest boost since 2001. But with inflation, it’s not enough.

Al Jazeera

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Gold Hits New Record High On Fed Rate Cut Bets

Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.

International Business Times

Indonesia's March Inflation Rate Reaches 7-Month High

Learn about Indonesia's economy facing challenges with rising inflation and its implications on the population and economic growth.

Top News

Markets Mixed After US Inflation Data, China Figures Give Boost

Federal Reserve boss Jerome Powell said the report "is pretty much in line with our expectations" and decision-makers were on track to hit their long-term inflation target of two percent.

International Business Times

Q2 Investing Outlook: Experts Eye Earnings, Rate Cuts & More

Inflation, interest rates and corporate earnings will be top of mind for investors in the second quarter.

Kiplinger

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Sunak’s student visas clampdown continues boom-and-bust pattern

Move coincides with financial difficulties for universities arising from high inflation and freezing of domestic tuition fees

The Guardian - UK

Tenants are trapped in a collapsing housing system

Letters: Social housing tenants are suffering just as much as those in the private rented sector, writes Suzanne Muna. Plus letters from Derrick Joad, Rosemary Walker and Bob Colenutt

The Guardian - UK

Wage review should consider tax cuts: retail bosses

The retail sector wants the workplace umpire to be more conservative as it considers the size of the next annual pay rise for millions of low-paid workers.

AAP

Reserve Bank's shift to neutral likely to be reinforced

The central bank will be in the spotlight this week, when high ranking officials give policy speeches and the minutes of the last rates meeting are released.

AAP

Illegal Immigration And Terrorism Concerns Rise Among U.S. Adults

Gallup poll reveals increased worries about illegal immigration and terrorism among U.S. adults, with inflation remaining a top concern.

Top News

Broadband boss hits out at rivals over mid-contract price rises

Zen Internet boss Richard Tang said regulator Ofcom needed to carry through its plans to ban inflation-linked mid-contract price rises.

Evening Standard

Immigration Still Ranks Atop of Americans' Concerns in a New Gallup Poll

The issue was at the top of the list when respondents were asked to name one unprompted. When given choices, inflation took over

Latin Times

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The Guardian - UK

Council tax, broadband, and dental charges: how to weather the April price rises

There’s been some good news about inflation falling, but be warned: there are still big price hikes around the corner

The Hindu

Priyanka Gandhi slams govt over 'rising debt'

Priyanka Gandhi Vadra criticizes BJP for borrowing ₹14 lakh crore, questioning the impact on unemployment, inflation, and economic crisis.

International Business Times

US Fed's Inflation Fight Remains On Track Despite Recent Uptick: Powell

The recent rise in US inflation hasn't stalled the Federal Reserve's ongoing fight against rising prices, Fed chair Jerome Powell said Friday, shortly after the publication of fresh government data.

Top News

Kenya's Inflation Decreases In March

Learn about the recent decline in Kenya's inflation rate and its potential implications for consumers and businesses.

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Top News

Inflation Eases As Prices Rise Modestly, Boosting Economic Outlook

Government report indicates easing price pressures and potential policy responses from the Federal Reserve to support economic growth.

Top News

Powell To Address Policy Views Amid Persistent Inflation Concerns

Jerome Powell to address high inflation concerns and potential Fed policy changes in upcoming speech, impacting financial markets and the economy.

Top News

US Inflation Report Shows Rising Prices Impacting Consumers

US inflation rises to 2.5% annually, driven by energy prices. Fed remains cautious in navigating towards achieving its inflation target.

Top News

Fed Considers June Rate Cut Despite Inflation Concerns

The Federal Reserve faces a delicate balancing act considering a rate cut amidst high inflation and global economic uncertainties.

International Business Times

US Fed's Favored Inflation Gauge Ticks Higher As Fuel Costs Rise

The US central bank's favored measure of inflation edged higher last month on the back of rising fuel prices, according to government data published Friday, but a metric stripping out volatile food and energy prices continued to ease.

International Business Times

February Inflation Hits 2.8% As Consumer Spending Spikes

Inflation remains stable while consumer spending exceeds estimates, signaling economic resilience.

Investors Business Daily

Key Fed Inflation Data Keeps June Rate Cut In Play; Powell Is OK With Dissent

Federal Reserve chair Jerome Powell said the Fed needs more good inflation data before cutting rates, but doesn't want to allow the economy to weaken unnecessarily.

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