The Latest Breaking News from Inflation

THE SNP have accused the Chancellor of spending the summer “flying kites” as the cost of living crisis worsens under Labour.

A particularly weak inflation print on Wednesday could raise hopes for a back-to-back Reserve Bank interest rate cut next month.

According to the USDA’s Economic Research Service, food inflation eased in 2023 and 2024, and the agency’s 2025–26 outlook projects grocery prices will rise slowly

Ever walked down the grocery aisle and thought, “Everything costs so much more,” but weren’t sure why? Grocery shelves reveal more than what’s inside the packages—they show the shifting dynamics of inflation. From shrinking product sizes, to changing shelf space, to shopper behavior clues, your cart is more than a…

President has pressured Jay Powell to slash rates but central bank is trying to find right balance amid tariff tailspin

Fed Chair Jerome Powell seems ready to cut interest rates in the fall but will still rely on incoming economic data about inflation and employment.

Wages for hospitality workers have increased by nearly 30 percent since 2021, and increases are outpacing inflation by more than 4 percent.

Imagine being Jerome Powell this week. On Friday, August 22, the Federal Reserve chairman will step onto the stage at the Jackson Hole Economic Policy Symposium — the most closely watched monetary retreat in the world — with markets, politicians, and even building contractors staring him down.

With the economy facing many threats, it wouldn’t take much to push it into recession, Mark Zandi warns.