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The Latest Breaking News from Inflation

Eurozone Wage Growth Expected to Peak in Early 2024

Discover the latest insights on Euro zone wage growth, projected to peak in early 2024 according to the new ECB tracker, with the path ahead remaining unce...

Top News

UK recession is a real risk — but ‘soft landing’ is more likely

City Voices: 2024 is probably going to be a year of recovery with bumps along the way. The question is how big the bumps are

Evening Standard

Bank of England ‘could lower interest rates fairly soon’, as City expects only three cuts this year – as it happened

Rolling coverage of the latest economic and financial news, as hawkish BoE policymaker looks for signs that rates needn’t rise further

The Guardian - UK

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Holiday-hit Asian Markets Mixed, Wall St Record Fails To Inspire

Asian markets were mixed in holiday-thinned trade Friday as investors struggled to build on another record-setting day on Wall Street, with focus on the upcoming release of key US inflation data.

International Business Times

Federal Reserve Considers Cutting Interest Rates as Economy Stays Strong

Americans eagerly await interest rate cuts from the Federal Reserve to lighten the burden on borrowers, but caution remains as inflation may re-accelerate.

Top News

ECB Requires Further Inflation Evidence Before Considering Easing

In this article, policymakers from the European Central Bank (ECB) state the need for more evidence of inflation before considering any easing measures.

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RBA says productivity, conflicts cloud inflation path

The job of bringing inflation under control isn't finished, although consumer price growth does not need to be back within target before rate cuts start.

AAP

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Czech Central Bank Cuts Interest Rate to Boost Economy

The Czech Republic's central bank cuts interest rates for the second time to support the struggling economy as inflation remains above target.

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Canada's Housing Bulls Pose Threat to Macklem's Inflation Fight

Canada's housing market surge poses a challenge to Bank of Canada Governor, Tiff Macklem, as he battles rising inflation. Learn more here.

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Philippine Finance Secretary Remains Optimistic on Inflation and Rates

The Philippine finance secretary remains optimistic about the country's economy, stating that they do not anticipate a rate hike due to easing inflation.

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New Turkish Central Bank Chief Vows to Tackle Inflation

Turkey's new central bank chief, Fatih Karahan, vows to continue the fight against inflation with determination, expecting a considerable drop over the nex...

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One in four CFOs anticipate job cuts as firms tighten spend in 2024

One in four businesses are preparing for staff redundancies as wage inflation and sluggish consumer demand force firms to become leaner to stay competitive.

Evening Standard

Red Sea Conflict: A Game-Changer For Global Inflation?

The Containerized Freight Index has more than doubled since the beginning of October 2023, from 850 to 2,179 points. It increased 419 points or 24% since the beginning of 2024 alone.

International Business Times

Biden's economy faces challenges: inflation, debt, job losses, and housing woes

This content discusses the impact of Joe Biden's economic policies on the US economy, including inflation, rising debt, job losses, and financial struggles...

Top News

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The Guardian - UK

CBI chief warns against ‘large scale tax cuts driven by short-termism’; BoE’s Mann warns of ‘pernicious’ inflation – as it happened

Rolling coverage of the latest economic and financial news, as China slipped deeper into deflationary territory in January

Dynamite News

RBI pegs India's 2024-25 real GDP growth at 7%

The Reserve Bank of India (RBI), while maintaining the status quo in the repo rate, pegged India's GDP growth for the next financial year 2024-25 (April-March) at 7 per cent. Read further on Dynamite News:

International Business Times

Chinese Consumer Prices Suffer Quickest Drop In 14 Years

Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, piling pressure on the government for more aggressive moves to revive the country's battered economy.

The Hindu

RBI’s MPC keeps repo rate unchanged at 6.5% to bring down inflation, support growth

The Reserve Bank of India's Monetary Policy Committee keeps policy repo rate unchanged at 6.50% for 2023-24.

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International Business Times

China Consumer Prices Show Quickest Drop In 14 Years

Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, as the country's leaders struggle to revive buying sentiment in the world's second-biggest economy.

The Guardian - AU

For corporations, greed is good – so how can Australia really tackle price gouging?

Restoring wages, breaking up dominant firms and more extensive price regulation are all ways we can make an economy that serves people, not profits

Pedestrian.tv

Your 5-Min Explainer On The Coles & Woolies Price Inquiry — And What It All Means For You

Coles and Woolworths have made their initial submissions to the Senate Inquiry Into Supermarket Prices, as the government works to tackle the seemingly endless increases to our grocery bills.

Guitar World

“It sounds as good as ever, with impressive volume output and projection, rich, reverb-like resonance, brisk treble and sweet, sonorous midrange”: Taylor GS Mini Sapele review

The high-end acoustic guitar specialist has done the impossible once again, serving up a small-bodied acoustic with a huge voice, with a top build at an inflation-beating price. Remarkable

International Business Times

US Fed Officials Urge Patience On Interest Rate Cuts

Two US Federal Reserve officials indicated Wednesday that the nation's central bank is on track to tackle inflation, but that it is still too soon to begin lowering interest rates.

Reason

Elizabeth Warren's 'Shrinkflation' Rant Is an Incredible Exercise in Blame-Shifting

The Massachusetts senator blames corporate greed for price increases that were caused by inflationary federal spending she supported.

AAP

Energy workers down tools to demand better pay

The union representing energy workers says wages have not kept up with inflation and maintenance backlogs will increase as industrial action in NSW ramps up.

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