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The Latest Breaking News from Inflation

Scott Bessent Once Called Tariffs As 'Dog That Didn't Bark,' Now Wall Street Analysts Predict A Less Dramatic 'One-Time' Inflation Hike As August 1 Deadline Nears

The looming deadline for President Donald Trump‘s tariffs has sparked a shift in Wall Street’s predictions. Analysts are now projecting a more moderate increase in inflation, a departure from earlier fears of a significant surge.

Benzinga

Eurozone growth surprises in July: Is the worst really over?

Eurozone economic growth picked up in July, driven by services and stabilising factory activity, suggesting a stronger start to the third quarter. Manufacturing showed signs of recovery, while inflation eased—offering cautious optimism for the bloc’s outlook.

Euronews

Is Your Money in the Wrong Place? Why More Savers Are Shifting Money Away From Big Banks

Traditional savings accounts aren’t cutting it — here’s where the money is going instead.

Kiplinger

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read the most diverse news in one place.

You'll Kick Yourself in the Summer if You Don't Make This Savings Move Now

These are the moves to make now while rates remain higher.

Kiplinger

Is the ECB ready to cut the key rates again? Here's what analysts think

The European Central Bank will likely hold off on making another interest rate cut on Thursday, choosing to wait until it can measure the size of any economic blow from higher US tariffs.

Euronews

Reserve Bank says unemployment rise was not a shock, inflation on track

Reserve Bank Governor Michele Bullock has fleshed out the central bank’s thinking behind its surprise decision to keep interest rates on hold this month.

The Conversation

Why 2025 Is the Best Time to Register a Company in Ontario After Inflation

In the aftermath of global inflation and economic disruptions, many entrepreneurs are re-evaluating where to launch new businesses.

inkl

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Europe's central bank to hold off on another rate cut until it knows how bad the tariff blow will be

The European Central Bank probably isn't going to cut interest rates again on Thursday

The Independent UK

RBA wary of cutting rates until it has more evidence on inflation, Bullock says

Governor defends cautious approach, saying price pressures have been brought under control without surge in unemployment

The Guardian - AU

Germans Reluctant To Open Wallets Despite Easing Inflation

The cost-of-living crisis may be easing in Germany but that has not sparked a shopping frenzy just yet in a country where, as a recent survey suggests, people fear inflation more than war.

International Business Times

ECB Expected To Hold Rates As More Trump Tariffs Loom

The European Central Bank looks set to keep interest rates unchanged on Thursday while the introduction of higher US tariffs threatened by US President Donald Trump hangs in the balance.

International Business Times

"Inflation isn't nostalgic" - Modretro's FPGA N64 console will arrive later this year for $199.99, but I'm curbing my retro console enthusiasm

Modretro has announced that its "M64" FPGA Nintendo 64 will cost $199.99 and arrive this Christmas, but it hasn't shared full details the retro console yet.

GamesRadar

Trump is losing support from men as approval rating drops below 50%

The same issues that drew men to support president — immigration, inflation, and the economy — are now driving them away

The Independent UK

New Florida Sales Tax Holiday Changes for 2025: What to Know Now

As inflation continues to squeeze household budgets, Florida lawmakers are offering shoppers some sales tax relief.

Kiplinger

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Grocery Coupon Guide

9 Store Brands That Outsold the Originals in 2025

The battle between store brands and national brands has reached a tipping point. For years, private labels were seen as cheap imitations, but today’s shoppers know better. Retailers like Costco, Trader Joe’s, and Target have invested heavily in creating high-quality private label products that rival and, in some cases, even…

Fortune

The Fed is listening to Trump but will likely make him wait anyway

Although Trump thinks Powell is “the Worst Federal Reserve Chairman in History,” the Fed chair and his colleagues probably are listening to the president’s arguments in favor of a lower rate.

GOBankingRates

Trump Doesn’t Rule Out a Recession This Year — What Could That Mean for Your Wallet?

Worried about a recession? Discover how it could impact jobs, savings, and inflation—and learn expert tips to protect your finances before it hits.

Fortune

Tariffs are beginning to look like the ‘dog that didn’t bark’ to Wall Street, with inflation expected to take a one-time hit and Trump unlikely to enforce letter threats

As markets shrug off the Aug. 1 deadline, analysts warn that investor calm could embolden the White House to follow through—especially if economic data remains strong.

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AAP

Online shopping rebounds as rate cut talk opens wallets

Australians are spending more online as inflation eases and interest rate cuts seem more likely following a lean period, especially for some home-buyers.

The Conversation

Central bank independence and credibility matters. Here’s why

In the United States, President Donald Trump has been pressuring the chairman of the US Federal Reserve, Jerome Powell, to slash interest rates. This is partly to ease the interest payments on the ballooning US government debt.

Saving Advice

10 Things That Instantly Reveal You’re Not Ready for Retirement

Retirement is one of life’s biggest milestones, but many people approach it with a false sense of security. Having a 401(k) or Social Security benefits...

Fortune

Jerome Powell should resign, top economist Mohamed El-Erian says, citing a scandal Trump hasn't even mentioned

Remember the insider trading scandal at the Fed? El-Erian does, along with what he considers a series of missteps on inflation.

Al Jazeera

Why Trump’s attacks on Jerome Powell are raising fears for the US economy

The US president’s broadsides against the Fed chair have prompted concern about the independence of the US central bank.

The Guardian - UK

Britons ‘turning to simpler meals’ as grocery bills head for £275 annual rise

Shoppers picking up supermarkets’ own-label ranges as grocery price inflation jumps to 5.2% in July

Evening Standard

Grocery inflation soars to 18-month high as pressure grows on UK shoppers

Grocery price inflation accelerated to 5.2% in the four weeks to July 13, according to market research firm Worldpanel by Numerator.

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