Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Inflation

With ‘Bidenomics,’ President Biden aims for middle-class voters as he discusses economy during Chicago address

CHICAGO — President Joe Biden sought to revitalize support for his reelection among middle-class voters before a Chicago audience Wednesday, branding his efforts at economic growth, job creation and inflation fighting as “Bidenomics” to counter lagging job approval ratings.

Chicago Tribune

Ocado announces price cuts to milk and other ‘everyday essentials’

The online grocer is the latest to announce more price cuts as retailers feed through falling wholesale costs.

The Independent UK

Almost a quarter of drivers delaying car service or doing it themselves – survey

The RAC said rising inflation has ‘inevitably’ led to an increase in the price of servicing vehicles.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Biden leans into 'Bidenomics' to boost his economic message ahead of 2024

WASHINGTON — President Biden launched a new push Wednesday to sell his economic agenda and convince skeptical voters that the economy is thriving under his watch, showcasing a message that White House officials see as critical to his 2024 election prospects.

Los Angeles Times

Stock Market Today: Nasdaq Ekes Out a Win Despite Chip Stock Weakness

Semiconductor stocks lagged after media reports said the Biden administration is considering more restrictions on chip sales to China.

Kiplinger

High interest rates may persist, says Bank of England governor

Andrew Bailey says financial markets expect more rate rises amid continuing high inflation

The Guardian - UK

Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’

The president hopes to make his economic record a staple of his 2024 run even as many voters remain concerned about inflation

The Independent UK

Read news from The Economist, FT, and more,
with one subscription

UK watchdogs agree on ‘action plan’ to prevent consumers being ripped off

Measures are aimed at preventing companies using rampant inflation to hike prices during cost of living crisis

The Guardian - UK

Is Target (TGT) a Value Buy This Week?

Despite inflation pressurizing consumers’ discretionary spending, retailer Target (TGT) expects to grow its operating income. Could TGT be a value buy this week? Let’s analyze some of its financial metrics to know more….

StockNews.com

Wage rises are driving inflation? Don’t swallow this dangerous rightwing myth

All the evidence is there: corporate greed is the culprit, but policymakers daren’t take on big business, says Guardian columnist Owen Jones

The Guardian - UK

Prices of vegetables double in two weeks as monsoon fails to make a mark

While inflation affects all aspects of life, the heat of it is mostly felt by customers while buying their daily vegetables and fruits. With weather playing spoilsport, the prices of most vegetables in the city have shot up by over 50% in the last two weeks. The likes of tomato…

The Hindu

Top central bankers assert need for higher interest rates to tackle persistent inflation

Several of the world's top central bankers got together, and their message was clear: interest rates could go even higher to combat inflation

The Independent UK

Five parts of the economy that are hit when house prices fall

UK house price growth is slowing. While prices rose 1.2% in June compared to last year, this is down on May’s 1.9% growth, according to property website Zoopla. Its house price index – which forecasts a 5% fall in house prices this year – also shows that 42% of sellers…

The Conversation

Central Bankers Maintain Their Hawkish Bias at ECB’s Policy Forum

Central bank chiefs kept up their hawkish language as they appeared today on a policy panel at the ECB’s policy retreat in Sintra, Portugal. Fed Chair Powell said he won’t take two consecutive rate hikes off the table “at all.” Powell also said, “Policy hasn’t been restrictive for very long....

Barchart

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Bank of England admits its own forecasts ‘unworkable’ in inflation crisis

Central bank’s model ‘based on last quarter century’, concedes chief economist Huw Pill

The Independent UK

Flynn: Sunak patronised public with advice to ‘hold our nerve’ as mortgages rise

The SNP’s Westminster leader asked the Prime Minister when he last struggled to pay a bill.

Fortune

Small businesses' 'Covid suit of armor' is helping them defy the odds amid consistent predictions of an imminent recession

“Small businesses are like: ‘Hell, if I can make it through COVID, where the government actually forced me to shut down, I can make it through anything.'"

Zenger

President Biden To Address U.S. Economy In Chicago

Speech to cover job growth, inflation, skills development, investments, and Biden administration's focus on key sectors

Get all your
news in one place.

100's of premium titles.
One news app.

Al Jazeera

Few buyers for Eid camels as record inflation hits Pakistan

As inflation reaches record 38 percent in May and IMF bailout package awaited, the economic crisis affects celebrations.

Tribune News Service

Editorial: Inflation Reduction Act will add to the deficit

Massive government spending programs typically cost more than projected. At some point, one might even call it a pattern.

The Guardian - AU

Afternoon Update: inflation drops more than expected; William Tyrrell’s foster mother speaks; and a cleaner destroys 25 years of research

A closer look at the monthly data reveals lower fuel costs, but higher prices for food and insurance

The Independent UK

Chancellor to meet consumer watchdog amid concerns over firms exploiting inflation

Bank of England said last week some retailers were failing to pass on lower costs to consumers to rebuild their profit margins

Manchester Evening News

Manchester bar chain launches inflation-busting £2.99 meals at its three sites

You'll be able to to get fish and chips or a burger, plus a beer, and still have change from a fiver

The Guardian - AU

Banks stick to rate hike predictions – as it happened

This blog is now closed.

The Guardian - AU

Inflation retreated in May to 5.6%, easing fears RBA will again raise interest rates

Consumer price index fell in May from 6.5% in April showing further signs that the worst of inflation may be over

1 … 519 520 521 522

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.