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The Latest Breaking News from Inflation

Asian Markets Mostly Up, Tracking Wall Street Gains

Most Asian markets rose Thursday, tracking a rebound in Europe and New York and following positive remarks from a senior Federal Reserve official that inflation was headed in the right direction.

International Business Times

What Is Behind The US Economy's Surprising Strength?

The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending even as interest rates climbed -- deftly averting a dreaded recession in 2023.

International Business Times

Soup kitchens in Argentina struggle as inflation pushes them to collapse

Learn how high inflation in Argentina is pushing soup kitchens to the brink of collapse, leading to increasing hunger and food insecurity in the country.

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Argentina's Annual Inflation Soars Above 250% In January

Argentina's monthly inflation slowed slightly in January, but the prices of key goods and services rose 254 percent year-on-year, the statistics agency said Wednesday.

International Business Times

Biden's Handling of Immigration is the Main Reason for his Disapproval Rate: Gallup

Almost 20% of respondents of a poll cited the issue specifically. It was followed by the economy and inflation

Latin Times

Film Produced by Travis Kelce To Benefit From Green Energy Tax Credits

The Inflation Reduction Act of 2022 apportioned billions of dollars for green energy tax credits while also allowing them to be sold to other taxpayers.

Reason

Main Street Small Businesses: Key Players in Determining Inflation Rates

Explore the impact of small businesses on inflation rates and the economy. Discover how Main Street firms play a significant role in price changes and econ...

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Sticky UK Inflation Stokes Bank Of England Rate-cut Debate

British annual inflation steadied last month, official data showed Wednesday, but prices still rose at double the Bank of England's target rate, adding to uncertainty over the timing of an interest-rate cut.

International Business Times

Travis Kelce finances debut film with renewable energy tax credits

Travis Kelce takes advantage of renewable energy tax credits to finance his debut film, pioneering strategies in the indie film sector.

Top News

Surprise fall in food prices raises hopes for interest rate cut

City markets are now pricing in a 55% likelihood the Bank of England will start cutting rates as soon as June.

Evening Standard

UK inflation: which goods and services have changed most in price?

From vegetables to cocoa and holiday centres to restaurants, how the cost of everyday things varies

The Guardian - UK

How to save money on your broadband bill

Tired of high bills and looking to save some cash? We can help.

TechRadar

UK households face battle to regain former living standards even if inflation eases

Workers on average incomes are missing out on wage rises as energy bills increase

The Guardian - UK

Checkout.com losses widen to £100 million after 'return of customers to physical retail'

The UK’s most valuable fintech firm today posted a £100 million loss as it blamed high inflation and a normalising of consumer shopping habits after the pandemic for its sluggish growth.

Evening Standard

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International Business Times

UK Inflation Holds At 4.0 Percent In January: Data

Higher gas and electricity bills were the main upward contributor to the rate, but this was offset by falling prices for furniture, food and non-alcoholic beverages.

The Guardian - UK

Ken Clarke says government is setting an ‘extremely dangerous precedent’ with Rwanda bill – as it happened

Former Tory home secretary tells House of Lords he hopes the bill will be struck down as ‘unconstitutional’

Latin Times

UK Inflation Holds At 4% In January: Data

The Consumer Prices Index (CPI) stood at 4.0 percent last month, the Office for National Statistics (ONS) said in a statement.

Evening Standard

FTSE 100 Live 14 February: ‘Inflation will be back below 2% in April’, shares higher

The London market’s inflation jitters eased a little today after figures showed consumer prices rose by less than expected in January.

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The Hindu

In January, wholesale prices rose at three-month low pace of 0.27%

India’s wholesale price inflation moderated to 0.27% in January from 0.73% in December 2023, with manufactured products prices dropping 1.1% year-on-year and the price rise in primary articles and food items easing to around 3.8% from over 5% in the previous month.

International Business Times

Most Of Asia Tracks Wall St Down As US Data Dents Rate Cut Hopes

Most Asian equities sank Wednesday, tracking a sell-off on Wall Street, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early interest rate cut.

Evening Standard

Inflation unchanged at 4% in January

Food prices fell for the first time in two and a half years offsetting energy bill hikes

Top News

Wall Street rattled as CPI shows stubborn inflation persists

Learn about the recent CPI report in the US, which shows cooling inflation but rattles Wall Street. Understand its implications and potential impact on the...

The Guardian - UK

Bank of England governor dampens hopes of interest rate cut

Andrew Bailey says inflation staying at 4% in January was encouraging but more evidence of cooling in wage rises is needed

International Business Times

Bitter Year For Heineken As Inflation Hits Profits, Beer Sales

Dutch brewer Heineken on Wednesday reported a drop in annual profits as beer volumes declined in "challenging market conditions" including high inflation.

The Guardian - UK

UK inflation steady in January; Uber to buy back $7bn in shares after first profit – as it happened

Live coverage of business, economics and financial markets as the UK consumer price index sticks at 4% below economists’ 4.2% forecast

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