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The Latest Breaking News from Inflation

Venezuela Public Employees To Get $130 Monthly In Bonuses: President Maduro

While President Nicolas Maduro didn't share many details about the announcement, the ruling party lawmaker Francisco Torrealba explained on social media that these bonuses will be paid in local currency, bolivars, with set amounts equivalent in U.S. dollars.

Latin Times

Global body warns Australia on interest rates, NDIS

Services inflation, the Chinese economy and household consumption are sources of uncertainty hanging over the OECD's economic growth forecasts for Australia.

AAP

Jeremy Hunt suffers blow as leading economists cut growth forecast for Britain in general election year

The OECD also predicted the UK would see the weakest growth across the G7 group of major economies next year

Evening Standard

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UK will be worst performer in G7 next year, OECD forecasts

UK constrained by high interest rates, price rises and staff shortages but thinktank offers optimistic outlook for global economy

The Guardian - UK

UK to be slowest-growing G7 economy next year, warns OECD – as it happened

Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025

The Guardian - UK

Indonesia's Inflation Rate Slightly Eases In April

Indonesia's April inflation data shows positive economic trends with a slight easing, indicating stability and growth potential.

Top News

Aussie shares rise as US Fed says rate hikes unlikely

The ASX200 has finished 0.2 per cent higher as investors took a dovish view of the Federal Reserve chairman's comments on interest rates.

AAP

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Yen Slips After Rallying On Suspected Intervention, Stocks Mixed

The yen weakened Thursday following another surge against the dollar that fuelled speculation Japanese authorities had intervened for a second time this week, after Federal Reserve boss Jerome Powell warned interest rates would stay higher for longer.

International Business Times

US Fed keeps interest rates at 23-year high amid stubborn inflation

US central bank keeps benchmark rate at 5.25-5.50% after series of economic reports undercut hopes of easing inflation.

Al Jazeera

US Federal Reserve keeps interest rate unchanged at 5.25%-5.50% as inflation sticks

The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight. The…

France 24

Stocks Pressured on the Prospect of Higher for Longer Interest Rates

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.70%. US stock indexes Wednesday settled mixed. Stock prices whipsawed higher Wednesday afternoon after bond...

Barchart

Fed Holds Rates Steady at 23-Year High: What the Experts Are Saying

The Federal Reserve struck a dovish pose even as it kept interest rates unchanged for a sixth straight meeting.

Kiplinger

US Federal Reserve holds interest rates steady as inflation ticks up

Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2%

The Guardian - US

Federal Reserve Eases Balance Sheet Reduction To Combat Inflation

Learn about the Federal Reserve's decision to adjust its balance sheet strategy to address inflation and economic stability.

Top News

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Federal Reserve Holds Interest Rates Amid Rising Inflation Concerns

Federal Reserve maintains interest rates due to inflation concerns, balancing growth and stability.

WEKU

Fed keeps interest rates at 23-year high

The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.

Kiplinger

Federal Reserve Meeting: Kiplinger Analysis and Commentary

Investors of all kinds have been eagerly awaiting news from the May Federal Reserve meeting. Here are live updates and commentary from Kiplinger experts.

International Business Times

US Fed Likely To Keep Rates Steady As Hopes Of Early Cuts Fade

The US Federal Reserve is expected to hold interest rates steady for a sixth straight meeting Wednesday, with a summer start to cuts looking less likely owing to stubborn inflation.

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Top News

Fed To Maintain Rates Amid Inflation Concerns

The Federal Reserve opts to maintain interest rates unchanged amidst inflation concerns and global economic uncertainties.

Top News

Stocks Slip As Inflation Concerns Rise

Stocks decline as inflation worries rise after ECI data shows accelerated compensation growth. Federal Reserve's interest rate decision awaited amid uncert...

The Guardian - AU

Inflation in Australia is still stubbornly high. Will the RBA raise interest rates again?

With hopes for a rate cut gone, there is speculation of another rise before the end of 2024. What factors will sway the Reserve Bank’s decision?

The Guardian - UK

Eurozone escapes recession; UK mortgage approvals hit 18-month high – as it happened

Fastest growth in 18 months as GDP expands by better-than-expected 0.3% in Q1 2024, after two quarters of contraction

The Guardian - UK

Eurozone exits recession as ‘big four’ economies beat forecasts

France, Spain, Germany and Italy helped by lower inflation and prospect of interest rate cuts

Al Jazeera

Why is Japan’s yen falling and why is it so weak against the US dollar?

The weakness of the Japanese currency is back in the spotlight after sinking to its lowest level since April 1990.

The Guardian - UK

Inflation in UK shops slows amid price cuts on clothes and shoes

Prices in non-food stores are lower in April than a year earlier as stores offload summer stock

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