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The Latest Breaking News from Inflation

Bank of England could still cut interest rates again despite rise in inflation

July fall in service sector and core inflation may open door for policymakers to make reduction

The Guardian - UK

Japan PM Kishida, Once A Safe Pair Of Hands, Fumbles Top Job

Japan's Prime Minister Fumio Kishida was seen as a safe pair of hands when his party installed him three years ago, but he soon became a liability as scandals and inflation eroded his popularity.

International Business Times

Inflation rises to 2.2% for first time this year in blow to interest rate cut next month

Rise likely spells end for any hopes for further rate cut in September

The Independent UK

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read the most diverse news in one place.

Ending sexual violence on public transport is ‘absolute priority’, says minister – as it happened

Louise Haigh speaks out after figures showed a 50% increase in incidents in the last two years

The Guardian - UK

Inflation rises for first time this year after months of steady decline

INFLATION has risen for the first time this year following months of steady decline ...

The National (Scotland)

Rate of inflation rises to 2.2% in July in first increase this year

Government statisticians say the rise was mainly caused by gas and electricity prices

Evening Standard

UK inflation rises to 2.2% in first increase since December

Annual rate in July climbs back above Bank of England target of 2%, ONS figures show

The Guardian - UK

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‘We can’t handle a war’: poor and broken, Beirut’s residents dread the arrival of fresh conflict

With nearly half the population in poverty and inflation at 40%, concerns are rising that Lebanon is ill-prepared for any escalation in the Israel-Gaza war

The Guardian - UK

Interest rate cuts expected after US and UK inflation reports – as it happened

UK inflation has risen to 2.2%, less than feared, while US inflation dipped to 2.9% last month

The Guardian - UK

Inflation likely stayed low last month as Federal Reserve edges closer to cutting rates

If the Federal Reserve needs any further evidence that the worst price spike in four decades is steadily easing, it’s likely to come Wednesday, when the government is expected to report that inflation cooled further last month

The Independent UK

Asian Markets Extend Gains As US Inflation Data Boost Rate Hopes

Equities marched higher Wednesday after hopes for a Federal Reserve interest rate cut next month were boosted by data showing US wholesale prices rose less than forecast last month.

International Business Times

Fresh recession fears in NZ as central bank cuts rates

The Reserve Bank of New Zealand believes the country is in recession, as it moves to cut the official cash rate to 5.25 per cent.

AAP

The RBA poured cold water on an interest rate cut before Christmas – but its hawkish stance may make inflation even worse

It seems that the lessons of the past on issuing ‘forward guidance’ have been quickly forgotten

The Guardian - AU

Revealed: how UK’s poor paid price of ‘cheapflation’ in cost of living crisis

Price rises were bigger for budget foods than expensive varieties during peak years of inflation, research shows

The Guardian - UK

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StockNews.com

Stock Outlook Prior to November Election

We have seen an impressive bounce for the S&P 500 (SPY) from the early August lows. But before we celebrate too hard Steve Reitmeister wants to point out the downside for stocks experienced the past 3 Presidential election cycles and what that means for your trading plans in the weeks…

The Conversation

Wild genes in domestic species: how we can supercharge our crops using their distant relatives

Food security is shaping up as one of the biggest challenges we face globally. In some places, access to food has steadily deteriorated in recent years, due to wars, inflation and climate-driven extreme weather. The cost of basic foods such as eggs and vegetables has made news worldwide.

Kiplinger

Stock Market Today: Markets Power Higher on Cooler Inflation Data

A promising reading on wholesale inflation and the upcoming consumer price report have investors anticipating a rate cut in September.

Fortune

Home Depot projects weakened sales, spelling shaky economic conditions

High interest rates and inflation push home improvement projects back

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news in one place.

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Latin Times

Trump says head tilt towards slide at rally made shooter miss: 'illegal immigration saved my life'

The comment was made during a conversation with Elon Musk on X in which he also tackled inflation, climate change and the cost of bacon

The Independent UK

UK inflation - live: Rise to 2.2% for the first time this year deals blow to interest rate cut next month

Inflation back above Bank of England’s target of 2 per cent – rising for the first time this year

Top News

US Wholesale Price Increases Ease, Inflation Pressures Cooling

US wholesale price increases show signs of easing, potentially slowing inflation as the Fed considers rate cuts. Stay informed on economic trends.

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