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The Latest Breaking News from Inflation

Dan Rodricks: This election is not only about the price of chicken thighs

“It’s about whether you think you’re better off than you were two years ago, whether you think this country is on the right track. That’s it.”

Tribune News Service

Eurozone inflation hits record high of 10.7%; UK mortgage approvals, credit card borrowing fall – as it happened

Inflation jumps because of higher energy and food costs but eurozone avoids recession with 0.2% GDP growth in third quarter; wheat prices soar on world markets

The Guardian - UK

IMF says Mideast, North Africa economies resilient in 2022

The International Monetary Fund says the economies of Middle Eastern and North African countries were resilient in 2022, but double-digit inflation is expected to slow growth in the region next year

The Independent UK

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Asian markets higher ahead of Fed rates decision

Asian stock markets are mostly higher ahead of what is expected to be a Federal Reserve decision this week to raise interest rates again

The Independent UK

Sen. Chuck Schumer, GOP challenger Joe Pinion debate inflation, abortion and more

Inflation, abortion and a range of other national issues dominated the first and only debate between Democratic New York Sen. Charles Schumer and his longshot Republican challenger, Joe Pinion, on Sunday.

Tribune News Service

International Discord Undercuts Global Growth, Worsens Inflation

The global economy is once again under strain, but this time without the international cooperation that helped resolve previous post-Cold War crises. Instead, many of the world's biggest powers are now intent on undermining one another, with unsettling economic implications.

Bangkok Post

Inflation, economy are top of mind for voters in midterm poll

Inflation and the economy are top-of-mind for voters heading into the midterm elections, with a majority of registered Republicans prioritizing economic issues, according to an ABC News/Ipsos poll.

Tribune News Service

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When are the midterm elections 2022?

Bipartisan researchers list main issues as economy, inflation, abortion rights and fighting gun violence

The Independent UK

Average price of nostalgic childhood chocolates soared by 153% since the 90s

As the rate of inflation hits 10.1 per cent, grocery experts have found that our favourite childhood sweets and chocolates have rocketed in price since the 1990s.

Glasgow Live

The wave of financial support coming in November - including £330 pay boost for workers

A wave of new schemes and financial support to help struggling households will be brought in next month, including a pay boost worth up to £330 for all workers.

Edinburgh Live

Foreign Office warns Brits of potential ‘violence’ and ‘unrest’ in Spain

Demonstrations are being held across Spain as people call for an increase in wages and pensions to match rising inflation, with the Foreign Office warning of potential "violence" and "unrest"

Daily Mirror

Allison Schrager: We should just accept we’re going to have a blah economy

This economy can’t go on forever. GDP may still be growing, but it’s at an anemic rate. And other indicators are piling up that suggest a recession is imminent: The yield curve is inverting, hiring and house price growth is slowing and Philadelphia may win the World Series.

Tribune News Service

Twitter deal may signal point when the ‘everything bubble’ bursts

China’s property meltdown, the unwinding of QE and the tech stock plunge all show a fragile global financial ecosystem under stress

The Guardian - UK

Bank of England expected to hike interest rates to 33-year high

Most economists think rates will rise by 0.75 percentage points to 3 per cent on Thursday

Evening Standard

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Orlando Sentinel

Florida's closely watched Senate race between Rubio, Demings grows heated

ORLANDO, Fla. — Florida’s race for U.S. Senate is a high-stakes political slugfest with terms like “socialist” and “lying and cheating” being hurled on television and more than $100 million being spent in the pivotal contest.

Liverpool Echo

Money changes happening in November including DWP's £324 cost of living pay boost

Major financial updates will come into effect in November

Tribune News Service

Treasury market rally faces reality check as Powell sets path

The optimism that has crept into the U.S. bond market is about to be put to the test.

ABC News

Rising grocery prices are pushing up inflation. Here is why bread, milk and mince are costing more

The official verdict is in. Inflation has experienced its steepest rise in 32 years. So why are basic goods costing more?

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AAP

RBA to pull trigger on seventh rate hike

The central bank is set to capture the headlines this week, with most experts predicting it will tighten monetary policy by another 25 basis points on Tuesday.

Nottingham Post

10 money changes in November including £330 pay boost and Cost of Living support

The Autumn statement is on November 17

WEKU

How Biden changed his tune on inflation as prices soared and the midterms loomed

At first, the White House said inflation would be a temporary issue. But it quickly became the top economic priority — and major source of midterm political pain — for President Biden.

Wales Online

Ten money payments, schemes, interest rate and tax changes coming in November that will hit bank accounts

Including a £330 pay boost for workers

Manchester Evening News

Money changes this November - including £330 pay boost for workers

A wave of new schemes and financial support will be brought in next month

Chronicle Live

Ten money changes coming in November - including £330 pay boost for workers

A round up of financial changes happening next month, as the cost of living crisis continues to put a squeeze on Brits

Kiplinger

What Are I-Bonds? Inflation Made Them Popular. What Now?

Inflation has made Series I savings bonds, known as I-bonds, enormously popular with risk-averse investors. So how do they work?

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