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The Latest Breaking News from Inflation

Markets Swing On Dimming Rate Cut Hopes, Weak China Outlook

Asian stocks were mixed Thursday after another dour day across global markets fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialise as inflation remains stubbornly high.

International Business Times

Lenders including Santander continue to cut mortgage rates despite shock inflation rise

“Lenders do not seem to be bothered about the inflation figures at the moment,” one broker said

Evening Standard

UK mobile and broadband customers face price hikes of 8% as inflation rises

Vodafone is among the providers to pass on in-contract rises, as Which? says increases are ‘unacceptable’

The Guardian - UK

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UK Inflation In Shock Rise, Dashing Rate Cut Hopes

British annual inflation unexpectedly picked up in December, data showed Wednesday, dashing hopes of an early cut to UK interest rates and prolonging a cost-of-living squeeze before an election.

International Business Times

Economy showing strength, inflation down, progress made on child tax credit

Discover the current state of the US economy and the upcoming plans to address rising prices and support American families. Learn about the proposed tax pa...

Top News

Stocks, Oil Prices Slump On Economic Headwinds

China's economy, the world's second-biggest after the United States, grew last year at one of its slowest paces in more than three decades.

International Business Times

Bank of Canada may trail Fed rate cut as wage growth heats up

Learn why the Bank of Canada might delay rate cuts while focusing on strong wage growth, providing insightful analysis on the country's economy and inflation.

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UK inflation: which goods and services have changed most in price?

From food, alcohol and tobacco to fuel prices and holidays, how the cost of everyday items varies

The Guardian - UK

UK inflation rise complicates outlook on interest rates

Surprise increase is blow to Bank of England’s fight against rising prices – but could be followed by falls

The Guardian - UK

Davos day two: Argentina’s Milei claims the western world is in danger from socialism – as it happened

Rolling coverage of the second day of the World Economic Forum’s annual meeting in Davos

The Guardian - UK

Markets Fall On Dimming Rate Cut Hopes, China's Torpid Growth

Asian markets fell further Wednesday as hopes for an early interest rate cut by key central banks faded and data confirmed China's economy last year grew at its slowest pace in more than three decades.

International Business Times

Annual rate of inflation rises for the first time since February

Shock acceleration in cost of living increases could delay the start of interest rate cuts by the Bank of England

Evening Standard

UK inflation unexpectedly rises as cost of tobacco and alcohol increases

Surprise uptick to 4.0% complicates forecasts of interest rate cut, while FTSE slumps to 1.5%

The Guardian - UK

Widening Wealth Gap: World's First Trillionaire Predicted in a Decade as the Poor Gets Poorer

The world's billionaires have collectively become £2.6 trillion richer since 2020, growing their wealth at a rate three times faster than inflation.

International Business Times UK

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StockNews.com

Stock of the Week Under $10: Vivid Seats (SEAT)

It’s not headline news anymore, because we saw it constantly in 2023, the concert market…aka Taylor Swift…is strong and shows no signs of weakening. As inflation eases and consumers find themselves with a little more disposable income, this market should continue to see a bright future. One company that is…

Top News

RBI Chief: India's Inflation Nearing 4% Target

The Reserve Bank of India (RBI) Governor has stated that inflation in India is gradually moving towards the central bank's target of 4%.

International Business Times

US Fed 'Within Striking Distance' Of Inflation Target: Official

The US Federal Reserve is "within striking distance" of reaching its long-term inflation target and could begin cutting interest rates this year, a senior official said Tuesday.

The Guardian - UK

BT scraps above-inflation price rises for mobile and broadband customers

UK’s mobile and broadband firms were accused of ‘greedflation’ last year by the Guardian

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Top News

Traders Reduce March Rate Cut Bets Following Waller's Speech

Traders are revising their expectations for a rate cut in March following a speech by Waller, prompting them to pare their bets. Find out more here.

Top News

Fed official: US nears inflation target, says Waller

In a recent statement, Federal Reserve representative Christopher Waller expressed optimism about the US economy's progress towards achieving its inflation...

Evening Standard

Inflation takes centre stage as City braces for clues on Bank of England interest rate cut

Shock acceleration in cost of living increases could delay the start of interest rate cuts by the Bank of England

The Guardian - UK

UK pay is rising, but Bank of England is still expected to cut interest rates

Outlook for employment looks weak enough to convince even hawkish policymakers to lower rates

Top News

Canada's Inflation Hits 3.4% in December, as Expected

Canada's inflation rate for December meets expectations at 3.4%, indicating a significant increase in consumer prices.

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Canada's December Inflation Hits 3.4%, Meets Expectations

Canada's inflation rate for December has risen to 3.4%, which is in line with expectations. This article provides an informative overview of the latest eco...

Salon

Biden hurt by the micro-insults economy

The economy continues to improve on Biden’s watch, but many people are still irritable — and for good reason

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