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The Latest Breaking News from Inflation

Seven money changes coming in July - from energy bills to cost of living payments

We explain seven key changes coming up in July and how they affect your money

Chronicle Live

The dramatic resurgence of Bitcoin is the biggest surprise of the year

Business & investing: There's a mixed scorecard for the markets at the halfway point of the year, but the world’s most popular cryptocurrency is powering higher thanks to renewed interest by some of the world’s largest investment funds. Andrew Patterson reports.

Newsroom.co.nz

Using austerity economics to crush UK inflation would be a cure worse than the disease

Caution needed rather than panic measures over short-term risks after credibility of government and Bank of England hit

The Guardian - UK

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Arvind Kejriwal promises change as AAP takes on BJP and Congress in Chhattisgarh

RAIPUR: Aam Aadmi Party (AAP) convenor and Delhi chief minister Arvind Kejriwal launched a scathing attack on both the Bharatiya Janata Party (BJP) and the Congress over widespread inflation, taxes even on essential food items, and expensive electricity in power-surplus Chhattisgarh.

The Times of India

Westminster politicians have not learnt lessons from 2008 crisis, says Ian Blackford

WESTMINSTER politicians have not learned the lessons of the 2008 financial crisis, Ian Blackford has said, as he warned that inflation will do…

The National (Scotland)

Six months after Rishi ‘Mr Fix-It’ Sunak issued his five pledges, here is his scorecard: complete fail

If you market yourself as a problem solver, you need to be successful at tackling the challenges that you prioritised

The Guardian - UK

Two more RBA rate hikes, tumbling inflation, and a high chance of recession: how our forecasting panel sees 2023-24

Of the 27 leading economists assembled by The Conversation to forecast the financial year that’s just begun, every one expects inflation to continue to fall.

The Conversation

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Borrowers cross fingers ahead of live cash rate call

The Reserve Bank board is set to meet on Tuesday for what is likely to be another finely balanced interest rate decision in the fight against inflation.

AAP

Major changes to tax credits, mortgages and cost of living payments throughout July

July signals major financial changes across the board

Liverpool Echo

Monsoon session of Parliament: Congress plans to corner government over Manipur violence, inflation

NEW DELHI: The principal opposition Congress party has strategised to corner the Narendra Modi government in the forthcoming monsoon session of Parliament on various pressing issues facing the country, including the Manipur violence, rising inflation, unemployment and the “assault” on the federal structure of the country the way governors of…

The Times of India

If there’s such a thing as an inflation quota, has Britain already exceeded it?

According to some in the City, the UK will have to keep prices flat for the next seven years to make up for the last three. Really?

The Guardian - UK

Rip-off Britain: why everything we buy now costs a fortune

As the cost of living crisis bites, consumers are asking how so many businesses have maintained or raised their profits

The Guardian - UK

Coronation Street fans horrified after spotting whopping price rise in Roy Cropper's cafe

One eagle-eyed viewer said: "Inflation is real"

Manchester Evening News

Happy B'day Akhilesh Yadav: Workers celebrate birthday of Samajwadi Party Chief with 'tomato' cake

A party functionary said this time we are celebrating our Supremo's birthday by distributing tomatoes to highlight the inflation in the country. Must read further on Dynamite News:

Dynamite News

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Wales Online

Seven money changes set to hit your bank account and wallet this month

There are key dates to be aware of to make sure you don't miss changes that could seriously help your home budget

Manchester Evening News

'You can see the misery in people at food prices in this town. It follows them'

“It does feel like there’s greed-flation and it’s the customers who are suffering for it. Wages and pensions haven’t increased either so it’s not weighing out the increase, it’ll push people further into a money crisis and debt"

The Hindu

TNERC issues tariff increase order effective July 1; no hike for domestic consumers

In its previous tariff hike order on September 9, 2022, TNERC had approved a methodology for Consumer Price Inflation (CPI) linked tariff revision for FY 2023-24 to FY 2026-27. Based on this, it issued a suo-motu order on tariff for Tangedco.

Barchart

Why Trash is Cash for This Recession-Resistant Moat

Though it’s a dirty job, this compelling and pertinent enterprise is more than willing to put some elbow grease down ahead of an ambiguous market environment.

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AAP

Borrowers on red alert as inflation fight rakes economy

Economists and experts have identified groups at higher risk of serious financial stress and pain as interest rate hikes battle stubborn inflation.

Barchart

Dollar Falls on U.S. Inflation Report

The dollar index (DXY00 ) Friday fell -0.42% on the slightly softer-than-expected U.S. deflator report, which might cause the Fed to be a little less hawkish. The dollar was also undercut by the lackluster U.S. personal spending report. EUR/USD (^EURUSD ) rose +0.39%. USD/JPY (^USDJPY ) fell -0.33% as Japanese...

StockNews.com

Is the Bear Market TRULY Dead?

When you check out the surging S&P 500 (SPY) on Friday...and pretty much all June...and heck, pretty much all year, it sure looks like a new bull market is at hand. However, investment veteran, Steve Reitmesiter, points out “that was then...and this is now”. Be sure to tune in for…

Kiplinger

Stock Market Today: Stocks Pop on Upbeat Inflation Data; Apple Hits $3T Market Cap

Markets finished broadly higher after upbeat inflation data lowered expectations for two additional rate hikes this year.

Chicago Sun-Times

Cash in, cash out: Minimum wages rise, but so do gas and grocery taxes

The changes start Saturday, and supporters of low-wage staffers urge people to “check their check” to make sure they are getting what they are owed.

Zenger

US May Core Inflation Moderates To 4.6%, Easing Rate Hike Expectations

PCE price index falls slightly below forecast, dampening investor outlook

The Guardian - UK

The event that will decide the next election has already happened – even if Rishi Sunak doesn’t know it yet

With inflation and mortgage rates painfully high, the government can no longer rely on votes from its blue wall, says Guardian columnist Jonathan Freedland

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