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The Latest Breaking News from Inflation

Factors that influence inflation and cost of living are varied but identifying genuine ones can help policymakers prioritise key solutions.

360info

'Revenge spenders' may be fuelling inflation

It is a myth that only price increases of household items cause inflation as consumer behaviour may also be a factor.

360info

Why supply chain issues do not cause inflation

While there is some correlation, it is wrong to say supply chain kinks are a primary cause of inflation.

360info

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

Universal Basic Income does not cause inflation

The idea that a Universal Basic Income fuels inflation makes no economic sense.

360info

The secret behind how Blackpool's famous £1 burger stall manages to keep its prices so low

Higgit's Las Vegas Arcade has managed to beat inflation and keep its costs the same

Manchester Evening News

OECD Hikes Global Growth Forecast for 2023, 2024

The global economic outlook has improved from a few months ago as the inflation shock eases but rising interest rates will keep risks high, the OECD said on Friday, hiking its growth forecasts for major economies. After growth last year of 3.2%, the world economy is on course to expand…

Asharq Al-Awsat

‘Just getting by’: Inflation squeezing Las Vegas residents, businesses

Las Vegas resident Michael McCarthy used to visit casinos about five times a month, but now it’s down to once a month for one reason — inflation.

Tribune News Service

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BBC licence fee to go up £13 as MPs call on government to stop rise

It is set to be the biggest increase in more than 20 years

Manchester Evening News

The cost of a TV licence set to rise by the largest price increase in 20 years

The cost of watching BBC shows and listening to BBC radio is set to skyrocket

Bristol Post

Heathrow strikes to go ahead meaning holiday chaos for Brits - full list of dates

Heathrow airport workers were voting on whether to strike following a dispute over a pay rise offer from the airport - which union Unite claims is effectively a pay cut due to inflation

Daily Mirror

3 Stocks That Could Deliver Healthy Returns This Year

The stock market will likely stay under pressure this year, with stubborn inflation and elevated interest rates. However, the Fed’s decision could largely be influenced by concerns about the recent banking crisis. Amid such uncertainty, fundamentally sound stocks Johnson & Johnson (JNJ), Abbott Laboratories (ABT), and Humana (HUM) could be…

StockNews.com

Don't Get Trapped Owning These 2 Cruise Line Stocks in 2023

Sticky inflation and recessionary fears have compelled Americans to check their spending habits. Diminishing demand could keep the cruise line industry under significant pressure this year. Against this backdrop, weak cruise line stocks Royal Caribbean Cruises (RCL) and Carnival Corporation (CCL) might be best avoided in 2023. Read on….

StockNews.com

Australia's growth outlook still subdued: OECD

The OECD has slightly downgraded its forecasts for Australia's growth in its latest look at how the global economy is faring.

AAP

3 Top Stocks to Buy Now for the Next Bull Market

Although anxieties have heightened amid the recent banking collapses, with easing inflation and retail sales numbers, a market recovery could materialize soon. Against this backdrop, quality stocks Cisco Systems (CSCO), Albertsons Companies (ACI), and Universal Logistics Holdings (ULH) might be solid buys now for the next bull market. Read on….

StockNews.com

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StockNews.com

2 Stocks to Buy Without Hesitation in 2023

The stock market has seen intense volatility lately due to high inflation, strong job growth, and the insolvencies of two banks. The market is expected to remain volatile, with the Fed’s next move on the rate hikes unclear. Amid this backdrop, it could be wise for investors to buy fundamentally…

StockNews.com

Banking Turmoil Makes for Turbulent Markets

At the end of last week's issue, I told everyone to buckle up for the boom. I wasn't expecting one of the global systemically important banks (G-SIBs) to wind up on the chopping block. And Friday is a rare market event that is known for its wild price swings. So…

The Conversation

The European Central Bank seems to have got away with raising interest rates in the middle of a banking crisis – here's why

In the middle of a market panic that has felled two US banks and pushed several others to the brink, the European Central Bank (ECB) has raised interest rates by another 0.5 percentage points. The ECB’s president, Christine Lagarde, had been warning this was necessary to bring eurozone inflation back…

Los Angeles Times

Michael Hiltzik: Eli Lilly is slashing insulin prices, but hold your applause

Eli Lilly & Co. played the altruism card like a champ on Mar. 1, when it announced steep price cuts on its insulin products of as much as 70%.

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The National (Scotland)

Nadine Dorries hits out at major TV licence fee increase in line with inflation

A major licence fee rise is set to impact viewers across the UK amid inflation as former Culture Secretary Nadine Dorries hits out.

The Guardian - UK

What is happening in financial markets and could there be a global crisis?

Banking system is reeling from a series of shocks but is in better shape than at time of 2008 crash

Miami Herald

The Week Ahead: The Federal Reserve’s dual mandate balancing act with its other big responsibility

The Federal Reserve’s dual mandate for monetary policy says nothing explicit about stabilizing the banking system or shoring up Americans’ confidence in their financial institutions. The central bank has two goals when setting interest rates: maximum employment and stable prices.

Wales Online

BBC licence fee set to increase by £13, according to reports

That will mean paying £172 a year to watch BBC shows and listen to BBC radio

Bangkok Post

OECD raises global growth forecast but recovery 'fragile'

PARIS: The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid restrictions, but warned of vulnerabilities as seen in the US bank sector turmoil.

Daily Record

TV licence warning as major fee change to happen next year

Licence costs are set to rise to their highest in 20 years and calls have already been made to scrap the move.

The Guardian - UK

Central banks must keep interest rates high to combat inflation, says OECD

Organisation also says UK will be only G20 economy apart from Russia to shrink this year

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