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

Experts React To 0.75% Fed Rate Hike: 'Don't Think They Will Pause'

The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 2.25% and 2.5%, its second 0.75% rate hike in two months.

Benzinga

Chalmers' challenge: why the treasurer's words on the economy carry so much weight

When Bill Clinton’s campaign manager, James Carville, scrawled, “the economy, stupid” on a sign in 1992, he merely wanted the campaign volunteers to stick to their presidential candidate’s talking points.

The Conversation

3 Risky Stocks to Avoid in the Current Environment

Amid rising inflationary pressure and aggressive interest rate hikes, investors might want to avoid stocks that cannot withstand the current market conditions. We think fundamentally weak stocks Carvana (CVNA), Wayfair (W), and Nextdoor (KIND) are best avoided now. Read on….

StockNews.com

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

5 Reliable Stocks to Buy in a Volatile Market

Concerns over high inflation and the potential rate hikes are stoking recession fears and driving immense market volatility. So, dividend-paying stocks Coca-Cola (KO), Keurig Dr Pepper (KDP), Ennis (EBF), Constellation Brands (STZ), and Casey's General Stores (CASY) could be ideal picks now for ensuring a steady income stream. Read more….

StockNews.com

How the Federal Reserve's rate hikes affect your finances

Higher mortgage rates have sent home sales tumbling

The Independent UK

Fed announces another three-quarter-point increase in interest rates

The move is intended to curb inflation though previous increases this year have had little effect so far

The Guardian - US

Federal Reserve hikes interest rates 0.75 per cent for second time in two months

Another ‘unusually large’ hike possible to tackle inflation, depending on data, but increases will likely slow, says Fed Chair Powell

The Independent UK

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

US Fed raises interest rates another 0.75 points, sees economy softening

A series of rate hikes, intended to bring down inflation, have increased the risk the United States will fall into recession.

Axios

Nervous About Interest Rate Hikes? These 3 Under-the-Radar, Tax-Advantaged Securities Offer Yield Up to 14%+

For 14 years, the federal funds rate has hovered around zero. The Federal Reserve or “Fed” maintained these low rates to stimulate the economy during two steep market downturns: the 2008 Great Recession and the 2020 COVID-19 pandemic sell-off.

Benzinga

Jim Chalmers to cut economic growth estimates amid inflation ‘headwinds’

Treasurer will use state of the economy speech to trim 2021-22 growth to 3.75% and provide new inflation, wage and unemployment forecasts

The Guardian - AU

Despite Australia’s soaring inflation rate, some economists say the peak may be ‘coming into view’

Analysis: Inflation optimists look to falling global supply chain pressures but spiking energy prices suggest we haven’t reached a plateau yet

The Guardian - AU

The RBA is increasing interest rates to counter inflation – but it will also slow wages growth

Combined with major price increases on essential items, the RBA’s policies will deliver a brutal whack to lower-income households

The Guardian - AU

Train drivers to strike next month as industrial action causes travel chaos

Aslef announced its members will walk out on Saturday August 13.

The Independent UK

Is Real Estate a Hedge Against the Stock Market?

With inflation quickly approaching all-time highs and a stock market showing zero consistency, many investors are looking for the best opportunity and safety valve to hedge investments and ride the storm. Real estate investing is an option that many investors consider.

Benzinga

Get all your
news in one place.

100's of premium titles.
One news app.

Manchester Evening News

Train drivers to strike next month in new industrial action

Trade Union Aslef has announced its members will walk out on Saturday August 13

Tribune News Service

US economy seen narrowly averting back-to-back contractions

The U.S. economy may have eked out modest growth in the second quarter, skirting back-to-back quarterly contractions, but rising at a tepid enough pace to feed concerns of an eventual downturn.

Wales Online

More rail strikes announced as travellers deal with disruption today

A fresh walk-out will happen next month

Reuters

Britain's rail network hit by new strike action over pay dispute

Britain's rail network suffered major disruption again on Wednesday as staff walked out in a row over pay and conditions, the latest in a wave of industrial unrest as wages fail to keep pace with soaring inflation.

Get all your
news in one place.

100's of premium titles.
One news app.

The Conversation

Why a universal job guarantee beats the basic income pipe dream

With the current cost-of-living crisis resulting in dramatic inflation, higher interest rates and a looming recession, people have been searching for solutions to the economic crisis. A universal job guarantee may just be the answer we’re looking for, especially since Canada lost 43,000 jobs in June.

The Guardian - UK

Double-digit price hikes help Heinz and Reckitt deliver sales jump

Dettol maker says customers willing to accept increases on branded items, and that further rises on the way

Los Angeles Times

Battling to tamp down inflation, Fed gears up for another big interest rate hike

The Federal Reserve is expected to announce Wednesday another aggressive interest rate increase as the central bank presses its attack on inflation despite rising risks of triggering a recession.

Los Angeles Times

Fed announces another big interest rate hike to thwart inflation. When will it stop?

WASHINGTON — In the most aggressive back-to-back interest rate increases since the early 1980s economic crisis, the Federal Reserve on Wednesday announced another three-quarters of a percentage point hike and signaled that it wasn’t done in its effort to beat back inflation despite rising risks of triggering a recession.

Wales Online

This is how much taxi fares in Rhondda Cynon Taf are set to increase

A two mile journey for up to four people in the daytime will go up from £5.20 to £5.80

The Conversation

Inflation is spiking in Zimbabwe (again). Why high interest rates aren't the answer

The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries around the world, including Zimbabwe.

Evening Standard

Baked beans, ketchup and salad cream prices set to rise as inflation hits Kraft Heinz

Prices on some products in the Kraft Heinz portfolio have already been raised by more than 12% this latest quarter.

1 … 790 791 792 793

People

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

Organisations

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.