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The Latest Breaking News from Inflation

RBA leaves official interest rate on hold fuelling hopes mortgage repayment pain has peaked

Reserve Bank leaves cash rate at 4.35% at its first board meeting of 2024 in a move that was widely anticipated by economists as inflation eases

The Guardian - AU

In Pakistan, old hopefuls jostle to turn around struggling economy

New gov’t will have to deal with soaring inflation, increasing poverty, low forex reserves and weakening infrastructure.

Al Jazeera

Grant money to support urban forests, greenspaces in Kentucky’s underserved communities

The money comes from the USDA and 2022’s Inflation Reduction Act, and is being awarded by the Kentucky Division of Forestry.

WEKU

From analysis to the latest developments in health,
read the most diverse news in one place.

Fieri goes on Fox to talk inflation

"The dollar isn't going as far as it once was"

Salon

Brazil's GDP to grow over 2% as inflation converges at 3% - Lula

Learn about Brazil's economic forecast as former president Lula states that the country is estimated to see GDP growth over 2% and inflation converging to ...

Top News

'Nothing's in, nothing's out': RBA keeps options open

The Reserve Bank kept interest rates on hold this month but needs to be convinced it's done enough on inflation before considering cuts to the key cash rate.

AAP

Turkey's Central Bank Faces Leadership Shakeup Amid Economic Challenges

Learn about the recent shakeup in Turkey's central bank leadership and its implications for the country's struggling economy.

Top News

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Why insurance premiums are squeezing Australians and fuelling inflation

Insurance increases are in the double digits and while costs have been rising, some insurers are increasing their margins

The Guardian - AU

Why You Shouldn’t Ignore Investing in Commodities

Investors can help reduce risk, hedge against inflation and diversify their portfolio by investing in commodities, such as gold, silver and copper.

Kiplinger

OECD Ups World Growth Forecast But Sees Middle East 'Risk'

The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices.

International Business Times

Central banks must beat inflation before cutting interest rates, says OECD

Organisation revises global outlook but warns it may be too soon to know if price pressures are contained

The Guardian - UK

Turkey's January Inflation Piles Pressure On Central Bank

Turkey's annual inflation rate stayed stable in January at nearly 65 percent, but month-on-month consumer price increases jumped sharply following a huge minimum wage hike, official data showed Monday.

International Business Times

UK services sector posts fastest growth in eight months; Fed’s Powell urges prudence on interest rate cuts – as it happened

Rolling coverage of the latest economic and financial news, as pound hits lowest level since December

The Guardian - UK

Thai Inflation at 3-Year Low: Commerce Ministry

The Thai economy experiences its lowest inflation rate in almost three years, according to the commerce ministry, indicating stability and positive economi...

Top News

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Top News

Egypt's Non-Oil Business Contracts in January Due to Inflation

Inflation and the Gaza conflict have caused a contraction in non-oil businesses in Egypt in January, according to the Purchasing Managers' Index (PMI).

Top News

Turkey's new central bank governor to implement tight monetary policy

Turkey's new central bank governor aims to implement a tight monetary policy in order to curb inflation, signaling a commitment to stabilizing the economy.

Reason

The Bankruptcy of Bidenomics

Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.

International Business Times

Economists Pilloried For Getting Forecasts Wrong

Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.

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AAP

Rates probably on hold but all eyes on RBA governor

More interest rate hikes are broadly off the table but the Reserve Bank governor is likely to keep her options open in a big week of public appearances.

Al Jazeera

Turkey appoints Fatih Karahan as new central bank chief after Erkan resigns

The appointment comes a few hours after the resignation of Hafize Gaye Erkan citing a media scandal.

International Business Times

US Fed 'Not Yet' At The Point Of Rate Cuts, Official Says

The US Federal Reserve is on the right track in its inflation fight, but "not yet" at the point where it should begin cutting interest rates, a senior official said Friday.

StockNews.com

Did the Fed Put a Lid on Stock Prices?

The S&P 500 (SPY) was off to another great start in 2024. That was until Chairman Powell grabbed the mic at his January 31st press conference. And things went south in a hurry. Why is that? And what does that mean for stock investors in the days and weeks ahead?…

The Hindu

To curb price rise, Centre tells traders, millers to declare rice stocks on government portal

Sanjeev Chopra said the decision is to manage the overall food inflation and to prevent unscrupulous speculation.

Kiplinger

January Jobs Growth Comes In Hot: What the Experts Are Saying

Stronger-than-expected jobs growth and rising wage pressure all but eliminate the possibility of a March rate cut.

The Guardian - UK

A message to Starmer from the US: ditching your £28bn climate plan isn’t just cowardly – it’s bad politics

Folding in the face of Tory attacks won’t win Labour any votes. Joe Biden has shown how this spending can pay off electorally, says New Republic writer Kate Aronoff

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