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The Latest Breaking News from Inflation

Trump Proposes Steep Tariffs To Revive Automotive Industry

Former President Trump's proposal to impose steep tariffs on imported cars to boost US automotive industry faces criticism for potential inflation and cons...

Top News

Inflation Slows Again In Canada To 2%

Inflation in Canada eased to two percent year-on-year in August, hitting the target set by the country's central bank and marking its slowest increase since February 2021, official data showed Tuesday.

International Business Times

3 European Stocks to Buy as the Continent’s Economy Recovers

As Europe navigates a complex landscape of slowing inflation, stable employment, and modest GDP growth, it may be an opportune time for investors to consider investing in quality stocks like Novo Nordisk (NVO), SAP SE (SAP), and Novartis (NVS), which are poised to capitalize on the continent’s recovery. Read on….

StockNews.com

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Matt Gaetz gives Medicare administrator hard deadline to provide documents about price increases

The Florida Rep. claims that the "Biden-Harris administration is hiding critical data from senior citizens to cover up their failed policies in an election year"

Latin Times

Why car insurance is getting so expensive across the UK

THE average cost of car insurance has risen sharply over the past two years as industry experts highlighting inflation and elevated interest rates…

The National (Scotland)

Fed begins two-day meeting set to end with rate cut

The US Federal Reserve began a two-day interest rate discussion on Tuesday that is all-but-certain to end with its first cut since March 2020, as inflation continues to ease.

International Business Times

With the Fed Rate Cut, Should You Sell Your House Now or Wait?

Interest rates are starting to come down as the Federal Reserve shifts course. Is it time to think about selling your house?

Kiplinger

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Biden’s green policies will save 200,000 lives and have boosted clean energy jobs, data shows

Two separate reports find policies will save Americans from pollution in coming decades and added nearly 150,000 jobs

The Guardian - US

Trump Says You're Paying More Under Kamala Harris — It's True but Not as Bad as You Think

Trump has repeatedly claimed that inflation under Kamala Harris is causing Americans to pay much more than before. Although the numbers have not been great, the overall situation may not be as bad as Trump suggests.

Barchart

How Elections Impact Interest Rates

The election can indirectly impact interest rates, but the Federal Reserve remains in the driver's seat when it comes to borrowing costs.

Kiplinger

Markets Fluctuate Ahead Of Fed As China Woes Dent Sentiment

The yen strengthened to less than 140 to the dollar for the first time since mid-2023 ahead of the Federal Reserve decision on Wednesday -- and a policy meeting at the Bank of Japan two days later -- while gold ticked up to a new record.

Latin Times

Wall Street could be in for a bumpy week if Fed Chair Powell doesn’t strike the right balance

"Overall inflation data has been good enough to allow the Fed to start cutting rates this week amid a softening labor market, but do not give officials a reason to cut aggressively."

Fortune

Interest Rate Cuts and Inflation: What's Really Going On?

For more than two years, we've heard a steady drumbeat of news highlighting inflation and its impact on interest rates. The correlation seems clear, but the issue is actually more complex.

Kiplinger

Argentina's Milei Presents Budget, Warns Zero Deficit Is A Must

Argentine President Javier Milei presented his 2025 budget to congress Sunday, with the libertarian promising to veto any law that threatened his strict goal to reduce the country's budget deficit to zero.

International Business Times

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International Business Times

Asian Markets Wobble Ahead Of Fed As China Fears Dent Sentiment

Asian investors trod cautiously Monday as they struggled to build on recent equity gains, with debate swirling around how big an expected US interest rate cut will be this week, while sentiment was being dragged by worries about the Chinese economy.

The Conversation

What would a second Trump presidency mean for the global economy?

Donald Trump inherited a strong economy from President Obama and managed it poorly.

International Business Times

Latino Voters In California Say Inflation Is Top Concern But Blame Corporate Greed More Than Politicians

32% blame inflation on corporations, edging Biden policies (30%) and Trump policies during the pandemic (20%).

Latin Times

Latino voters in California say inflation is top concern but blame corporate greed more than politicians

32% blame inflation on corporations, edging Biden policies (30%) and Trump policies during pandemic (20%)

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news in one place.

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International Business Times

US Fed Expected To Announce Its First Interest Rate Cut Since 2020

The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election.

Barchart

Stocks Rally on Heightened Speculation about a 50 bp Rate Cut Next Week

The S&P 500 Index ($SPX ) (SPY ) Friday closed up by +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.72%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.47%. Stocks posted moderate gains on Friday, with the S&P 500, Dow...

Barchart

Stocks Push Higher on Chip Stock Strength and Positive Economic News

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.59%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.81%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.42%. Stocks today are moderately higher, with the S&P 500 and the...

International Business Times

Russian Central Bank Hikes Rate As Inflation Jumps

Russia's central bank on Friday raised interest rates to 19 percent amid the country's ongoing Ukraine offensive, warning inflation was running too high and it needed to cool the economy.

The Independent UK

Russian central bank hikes rates to fight inflation fueled by military spending in growing economy

Russia’s central bank has raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy’s capacity to produce goods and services and drives up workers’ wages

Top News

Russia Raises Interest Rate To Combat High Inflation

Russia's central bank raises interest rates to 19% to combat high inflation caused by government spending.

Latin Times

Most Markets Rise As Traders Gear Up For Fed Rate Cut

More data suggesting the Federal Reserve was winning the battle against inflation provided an extra kick for equities after another rollercoaster week that started with big losses fuelled by US recession worries.

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