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Inflation
Inflation | LATEST STORIES
Companies
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Tom Ozimek
Target Sales Drop as Inflation-Weary Consumers Pull Back
May 22, 2024
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Tom Ozimek
20 hours
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US
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Andrew Moran
‘Patience Really Matters’: Fed Wants Several More Months of Good Inflation Data Before Rate Cut
A rate hike is ‘probably unnecessary,’ says Federal Reserve Governor Christopher Waller.
May 22, 2024
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Andrew Moran
May 22
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UK News
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Evgenia Filimianova
UK Inflation Hits Lowest Level in 3 Years: ONS
While the overall CPI rate eased down to 2.3 percent in April, the services inflation remained elevated and higher than expected by economists.
May 22, 2024
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Evgenia Filimianova
May 22
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Policies & Impacts
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Aaron Pan
GOP Lawmaker Introduces Bill to Abolish the Federal Reserve
‘If we really want to reduce inflation, the most effective policy is to end the Federal Reserve.’
May 19, 2024
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Aaron Pan
May 19
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Presidential Race
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Tom Ozimek
Trump Warns of ‘Death of American Dream’ as Inflation Persists
‘High inflation means high prices, high interest rates, high mortgage rates, and death for the American Dream,’ President Trump said.
May 18, 2024
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Tom Ozimek
May 18
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Companies
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Naveen Athrappully
High-Income Shoppers Flocking to Walmart Amid Economic Inflation
Price inflation was cited as the top financial issue by 41 percent of upper-income groups in a Gallup survey.
May 18, 2024
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Naveen Athrappully
May 18
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Premium Reports
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Emel Akan
Behind Rosy Economic Data, Americans Struggle to Make Ends Meet
Eating out less often, taking from 401(k)s, buying medication overseas, choosing cheaper products—Americans say they are feeling the pain of inflation.
May 18, 2024
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Emel Akan
May 18
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Economic Policies
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Naveen Athrappully
Social Security Payments to Increase by 2.66 Percent in 2025: Seniors League
A majority of American senior citizens are under financial strains, with many planning to cut down on essential spending due to lack of funds.
May 17, 2024
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Naveen Athrappully
May 17
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Inflation
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Chadwick Hagan
The Inflation Storm: Economic Challenges and Political Stakes in 2024
May 15, 2024
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Chadwick Hagan
May 15
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Inflation
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Andrew Moran
US Inflation Eases Slightly, Boosting Hope for Rate Cuts
Shelter and gasoline prices added to inflation pressures in April.
May 15, 2024
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Andrew Moran
May 15
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Viewpoints
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Graham Young
Opinion: A Triple 'F' Rating for This Federal Budget
Is this the future of Australia? Fat, flaccid, and foolish?
May 14, 2024
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Graham Young
May 14
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Australia News
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Alfred Bui
Budget 2024: Interest Payments on Government Debt to Soar by 57 Percent in 4 Years
Total interest payments will soar from $22.7 billion in the 2023-24 financial year to $35.6 billion in 2027-28.
May 14, 2024
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Alfred Bui
May 14
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Australia News
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Crystal-Rose Jones
Budget 2024: Government to Fund Aged Care Worker Pay Increase
A boost to aged care workers’ salaries is among the $2.2 billion in announcements made for the sector in the 2024 federal budget.
May 14, 2024
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Crystal-Rose Jones
May 14
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Viewpoints
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Kevin Andrews
Opinion: Suppressing Fire Before an Early Election Call
This year’s Budget paves the way for an earlier election, should its assumptions prove accurate.
May 14, 2024
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Kevin Andrews
May 14
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Economic Policies
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Crystal-Rose Jones
Budget 2024: Government Pledges to Build 1.2 Million New Homes in Five Years
About $6.2 billion will go into the initiative.
May 14, 2024
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Crystal-Rose Jones
May 14
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Inflation
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Andrew Moran
Consumers Fight Persistent Inflation by Trading Down to Cheaper Products
Corporate America warns ’the consumer is under pressure.’
May 13, 2024
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Andrew Moran
May 13
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Australia News
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Alfred Bui
Budget 2024: Australia Reports 2nd Surplus on the Back of Strong Commodity Prices
While the figure is well below the $22.1 billion surplus in 2022-23, it marks the first back-to-back surplus in nearly two decades.
May 13, 2024
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Alfred Bui
May 13
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Australia News
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Nina Nguyen
Budget 2024: Labor to Invest $288 Million into Rolling out the National Digital ID
The digital ID system will make cybersecurity ’simpler, safer, and more secure,' says Finance Minister Katy Gallagher.
May 13, 2024
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Nina Nguyen
May 13
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Australia News
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Alfred Bui
Cost of Living Surge: 69 Percent of Australians Say Groceries Cost More
Six in 10 shoppers reported spending more on housing, insurance, and groceries compared to the same time last year.
May 12, 2024
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Alfred Bui
May 12
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Viewpoints
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Graham Young
Opinion: Problems With Cutting Student Debt
The treasurer should have stayed the course. He needs to save every bit of money he can.
May 12, 2024
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Graham Young
May 12
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