The Latest Breaking News from Inflation

Turkey has been battling soaring consumer prices that prompted Erdogan to drop his opposition to interest-rate hikes to combat inflation.

June S&P 500 E-Mini futures (ESM24) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.37% this morning as speculation over interest rate cuts by major central banks heightened appetite for risk-driven assets, while market participants looked ahead to a fresh slew of U.S. labor market data,…

The Fair Work Commission has boosted the wages of workers on awards by 3.75%, just a touch above the official inflation rate of 3.6%.

New lower rates of 3.75% and 4.75% respectively are likely to be introduced this week after drops in inflation

Shares in Asia have started June with big gains after Wall Street finished with another push higher

The European Central Bank is expected to begin cutting eurozone interest rates from historic highs this week, but sticky inflation means the move is unlikely to kickstart a rapid easing cycle.

Asian markets rallied and the dollar weakened on Monday as a closely watched US inflation gauge dipped in April, reviving hopes that the Federal Reserve will cut interest rates this year.

Is the Bank of England up to the job of managing the UK's monetary policy? The leader of The Campaign for Fair Finance Dr Roger Gewolb offered me his views of the UK's central bank.

Fair Work Commission lifts minimum wage to $24.10 an hour from July, with the rise outpacing the government’s forecast inflation rate

Explore the impact of inflation on public opinion of President Biden's administration and proposed solutions for economic challenges.

Explore the impact of rising inflation rates in the US and efforts to address the economic challenges.