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          Inflation

          The latest stories and tips on rising cost of goods and services, impacting economies, wages, and purchasing power

          Shopping for groceries in Rosemead, California. Core PCE inflation – which excludes food and energy – rose 0.2 per cent last month. AFP

          US inflation slows further as momentum builds towards soft landing

          EconomyJanuary 26, 2024
          After the economic and political volatility of recent years, 2024 was never going to be smooth sailing for equities. Getty Images

          Why it's too early for investors to declare victory over inflation

          MoneyJanuary 24, 2024
          The rise in inflation raises concerns for British consumers that the worst of the cost-of-living crisis is not over yet. EPA

          UK inflation rate in surprise rise to 4%

          UKJanuary 17, 2024
          Christopher Waller, the Federal Reserve governor, is optimistic the US central bank is close to bringing inflation down to its long-term target. Bloomberg

          Federal Reserve 'within striking distance' of US inflation goal

          EconomyJanuary 16, 2024
          Traders on the floor of the New York Stock Exchange. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite have all gained 0.3 per cent so far in 2024. Bloomberg

          Global stock markets mostly up as Wall Street scrapes gain after inflation report

          MarketsJanuary 13, 2024
          Tesla chief executive Elon Musk at the opening of the factory in Gruenheide, near Berlin, where production will be halted temporarily. AP

          Tesla halts Berlin production due to Red Sea supply squeeze

          EuropeJanuary 12, 2024
          A furniture store in London. The main momentum for the UK's November growth came from the services sector, where output increased by 0.4 per cent. EPA

          UK economy 'bounced back' in November with 0.3% growth

          BusinessJanuary 12, 2024
          The World Economic Forum gathers the world's top leaders in the Swiss ski resort of Davos. AFP

          Dangers of rising debt will overshadow Davos 2024

          EconomyJanuary 12, 2024
          Major indexes on Wall Street soared last month after the Federal Reserve signalled several interest rate cuts were coming this year. AFP

          Hot US inflation report tests market optimism on rate cuts

          EconomyJanuary 11, 2024
          A farmer carries rice north of Cairo. Reuters

          Egypt's inflation drops for third consecutive month

          EconomyJanuary 10, 2024
          Traders at work on the New York Stock Exchange floor. Major global stock markets ended 2023 with mixed results, but Wall Street posted its best annual rise since 2019. AP

          Stock markets mixed as Wall Street ends first week of 2024 down

          MarketsJanuary 06, 2024
          US Treasury Secretary Janet Yellen believes the country has achieved a soft landing. AFP

          US economy has achieved soft landing, Janet Yellen says

          EconomyJanuary 05, 2024
          Homes in London. Overall, UK house prices rose by 1.7 per cent in 2023 but there were sharper falls in London and the south-east, according to the Halifax index. EPA

          UK house prices rise on shortages in 2023

          BusinessJanuary 05, 2024
          A Federal Reserve official said it is becoming more likely that the US can achieve a soft landing, but cautioned that the scenario is 'not inevitable'. Reuters

          Federal Reserve sees 'clear progress' in inflation fight

          EconomyJanuary 03, 2024
          An Israeli army helicopter flies as smoke billows from the Gaza Strip. The war in the Palestinian enclave has had dire economic consequences. EPA

          Israel cuts interest rates for first time since 2020 amid Gaza war

          EconomyJanuary 01, 2024
          While economists differ over forecasts for a possible recession in the UK in 2024, businesses say, regardless of the predictions, it will feel like a recession. Getty Images

          Does UK economy face a fruitless 2024 or is it ripe for investment?

          UKDecember 28, 2023
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