The Latest Breaking News from Inflation

U.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by the Federal Reserve

It will increase the pressure on the Bank of England to order another hike in UK rates

The Dow Jones Industrial Average rose Thursday after key inflation data and initial jobless claims. Cathie Wood sold 51,000 shares of Tesla stock. The ARM IPO will debut today.

Major cryptocurrencies experienced a mixed performance on Wednesday following the U.S. government’s CPI report for August

September S&P 500 futures (ESU23) are trending up +0.29% this morning after three major U.S. benchmark indices ended the regular session mixed as investors digested the latest U.S. inflation report while also bracing for crucial U.S. PPI data.

Shares in UK chip designer are making a successful debut on the US stock market today, while UK blue-chip stocks post their best day since last November

India's WPI deflation rate eased to -0.52% in August 2023, from -1.36% in July. Fuel and power prices declined from -12.8% to -6%. Food articles inflation moderated to 10.6%, from 14.25% in July. Deflation in manufactured products dropped to -2.4%. RBI signalled tighter policy if food prices drive inflation higher.

Partnership says smaller first-half loss is optimistic sign but recovery plan likely to take two years longer than scheduled

Shares are mostly higher in Asia after a highly anticipated report showed inflation accelerated across the U.S. in August, but not by much more than expected

The European Central Bank is deciding whether to raise interest rates again or not, and analysts are saying it's a close call

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders