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The Latest Breaking News from Inflation

What experts think of the RBA’s interest rate rises – and what they say is coming next

Five leading economists give their views on what’s on the horizon for Australia’s economic future

The Guardian - AU

SNP urges PM to apologise over ‘damage’ of Liz Truss’s premiership

Rishi Sunak acknowledged ‘mistakes had been made’ but added his Government had a ‘clear plan to halve inflation and grow the economy’.

The Independent UK

Sensex rebounds 377 points, Nifty closes above 17,850 as RBI slows down rate hike

MUMBAI: Benchmark sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes on Wednesday.

The Times of India

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3 Great Stocks to Buy More of Today

While the Fed’s interest rate increases have shown some success in easing inflation, the stronger-than-expected jobs report suggests that the Fed has more work to do. Continued interest rate hikes will likely push the economy into a recession. Amid an uncertain economic backdrop, it could be wise to buy shares…

StockNews.com

Analysis-Brazil central bank autonomy becomes political punching bag for Lula

Brazil's central bank newfound independence that was designed to shield it from politics has turned it into a convenient punching bag for the new government that can use it to fire up its leftist base and blame it for economic woes.

Reuters

Germany's Scholz: New Russia sanctions planned around Ukraine war anniversary

Europe will tighten sanctions against Russia once again near the anniversary of the start of its invasion of Ukraine as a signal to Russian President Vladimir Putin, German Chancellor Olaf Scholz said on Wednesday ahead of a special EU summit.

Reuters

Eight claims about Brexit which have proved totally untrue

Brexit campaigners made many promises that have not worked out that way

Wales Online

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Walking the ‘narrow path’: Will Australia avoid a recession in 2023 as Jim Chalmers predicts?

Treasurer Jim Chalmers isn't predicting a recession in 2023, but experts say the risk is rising as consumer spending slows.

The New Daily

Confident Biden highlights strength of US economy in State of the Union speech

In his State of the Union address, US President Joe Biden underlined slowing inflation and low unemployment as signs that the country's economy is resilient and ready to compete with China in key sectors. Looking forward, he aims to reduce the deficit and raise the debt ceiling by increasing taxes…

France 24

RBI Proposes UPI Payments Facility For Inbound Travellers

Taking into account the popularity of the UPI payment system, the Reserve Bank of India said it has proposed to permit all inbound travellers to India to use UPI for their merchant payments while they are in the country. Read further on Dynamite News:

Dynamite News

BoT ready to adjust if necessary

Bank of Thailand policy makers stuck by a pledge that monetary tightening should be gradual and measured, but noted it could be adjusted should the growth and inflation outlook change, minutes of their last meeting show.

Bangkok Post

Asian shares mixed after Wall St gains on Fed chair comments

Shares are mixed in Asia after stocks rallied on Wall Street following comments by the chair of the Federal Reserve signaling that last week’s stunningly strong jobs report won’t by itself sway its stance on interest rates hikes

The Independent UK

‘Difficult’ times for households will continue in 2023

Scotland’s economy is predicted to shrink by 1% in 2023, before growing by 0.6% the following year

Insider UK

Inflation will add £18.2bn to UK non-food retail sales, shows survey

Survey shows 80 per cent of retailers planning to increase the price of products

The Independent UK

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Wales Online

Inflation 'will add £18.2bn to UK non-food retail sales'

Report says rising prices are driving sales of £249bn for 2023, with 66% of consumers making inflation their biggest concern

The Independent UK

Full list of DWP revised weekly payment rates for 2023

State support for individuals rising to keep pace with inflation

USAFacts

State of the Union 2023: Data and context behind Biden’s address

Biden highlighted legislative achievements from his past two years and described his economic, health, climate, and safety priorities moving forward. Here are the facts and data.

Bangkok Post

Monetary tightening faces challenges - Bank of Thailand

Thailand's rate committee stuck by a pledge that monetary tightening would be gradual and measured, but noted it could be adjusted should the growth and inflation outlook shift from assessments, minutes of the meeting showed on Wednesday.

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news in one place.

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The Independent UK

Five key takeaways from Biden’s combative State of the Union address

The president toggles between the magnanimous bipartisan dealmaker and combative incumbent battling Republican heckling

Fortune

More people say they're worse off under Joe Biden than any president in 37 years

Biden's State of the Union speech detailed his plan to help create jobs and improve the economy amid high inflation.

AAP

Boral posts solid result under new CEO Bansal

Construction materials group Boral has recorded a substantial profit rise in its first reporting period under new CEO Vik Bansal despite inflationary pressures.

The Independent UK

Transcript: Biden's second State of the Union address

Transcript of President Joe Biden's second State of the Union address, as prepared for delivery and as provided by the White House:

The Independent UK

State of the Union: Read Joe Biden’s full address

Read President Biden’s full State of the Union address

WEKU

Read President Biden's State of the Union speech

Read President Biden's State of the Union speech delivered on Feb. 7, 2023, as prepared for delivery.

The Guardian - AU

Tanya Plibersek blocks Clive Palmer’s proposed coalmine – as it happened

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