Articles for Higher Inflation

UK inflation increases as cigarettes and petrol drive price rises
5 days, 8 hours ago

UK inflation increases as cigarettes and petrol drive price rises

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chancellor of the Exchequer Rachel Reeves said the figures are a “reminder that for …

Bank Working Mel Stride Shadow Working People Ons Higher Inflation
Vivek Kaul: RBI’s new governor will have to confront a tricky old trilemma
6 days, 13 hours ago

Vivek Kaul: RBI’s new governor will have to confront a tricky old trilemma

Live Mint  

Shaktikanta Das’ tenure as governor of the Reserve Bank of India has come to an end. For companies, lower rates mean lower interest outflows on their existing borrowings and hence higher profits and possibly higher stock prices. For market participants, lower rates mean that retail investors are incentivized to invest more in stocks in search of higher returns, leading to …

Food India Market Inflation Monetary Policy Control Interest
Americans may have to actually brace for stagflation with Trump tariffs
6 days, 18 hours ago

Americans may have to actually brace for stagflation with Trump tariffs

CNN  

New York CNN — Jamie Dimon, head of America’s largest bank, JPMorgan Chase — and commonly referred to as the ‘president of Wall Street’ — spent much of this past year warning that there’s an elevated risk that the US experiences 1970s-esque stagflation, which is when economic growth stagnates while inflation heats up. His prediction, however, has been pooh-poohed by …

Economy Inflation Trump Economic Growth Interest Rates Fed Tariffs
Retail inflation data today. 3 things you should know
1 week, 4 days ago

Retail inflation data today. 3 things you should know

India Today  

The retail inflation data for November is set to be released on Thursday, and all eyes are on the figures after October’s inflation rate climbed to a 14-month high, owing to a rise in food prices, especially vegetable prices. OCTOBER’S INFLATION BREACHES RBI TOLERANCE LEVEL In October, inflation rose to 6.2%, surpassing the Reserve Bank of India's upper tolerance threshold …

Food Inflation Prices Rbi Food Prices Retail Inflation
Indian shares set to open marginally higher
1 week, 6 days ago

Indian shares set to open marginally higher

Live Mint  

- Indian shares are set to open marginally higher on Tuesday, with analysts expecting cautious sentiment ahead of key domestic and U.S. inflation data due later in the week, while focus would be on commodity stocks on expectations of Chinese stimulus. "Cautious sentiment prevails in the markets ahead of key economic data such as consumer price inflation readings from India …

India Indian Indian Shares Billion Rupees Shares Set
Indian shares set to open marginally higher
1 week, 6 days ago

Indian shares set to open marginally higher

Live Mint  

Dec 10 - Indian shares are set to open marginally higher on Tuesday, with analysts expecting cautious sentiment ahead of key domestic and U.S. inflation data due later in the week, while focus would be on commodity stocks on expectations of Chinese stimulus. "Cautious sentiment prevails in the markets ahead of key economic data such as consumer price inflation readings …

India Indian Indian Shares Shares Set
Bloomberg Surveillance 11/06/2024
1 month, 2 weeks ago

Bloomberg Surveillance 11/06/2024

Bloomberg  

00:00 JONATHAN: THERE ARE SOME PEOPLE WHO HAVE NOT GONE HOME SINCE YESTERDAY MORNING. VICE PRESIDENT HARRIS WAS NOT ABLE TO DO THAT AND NOT ABLE TO OVERCOME DONALD TRUMP'S ADVANTAGE ON THE ECONOMY AND IMMIGRATION AND SHE WILL HAVE TO FACE THAT AND VOTERS ACROSS THE COUNTRY AND WOMEN VOTERS WILL HAVE TO FACE THE FACT THAT WE ARE …

Georgia Policy Productivity Europe Fiscal Policy Foreign Policy Consequences
El-Erian: Trump Win Emergence of a New Power Structure in US
1 month, 2 weeks ago

El-Erian: Trump Win Emergence of a New Power Structure in US

Bloomberg  

00:00 How much does this redefine the outlook from your perspective? In fact, if you look at how the markets have treated the last few months, they've done much better than the political scientists in terms of predicting what could happen. Do you see that as a move off the back of a better outlook for growth, higher inflation, a …

Fed Higher Growth Higher Inflation
This one Trump policy could have blown election he should be 'running away with': analyst
1 month, 2 weeks ago

This one Trump policy could have blown election he should be 'running away with': analyst

Raw Story  

Republicans only have former President Donald Trump to blame for a presidential election they should be primed to win but could easily lose, wrote New York Times analyst Matt Yglesias Monday. "The question of why, exactly, voters so hate inflation — which increases wages and prices symmetrically — has long puzzled economists," he wrote. Yglesias suspects a big part of …

Trump Republicans Yglesias
Trump’s promises would spike inflation and wipe out jobs, study finds
2 months, 3 weeks ago

Trump’s promises would spike inflation and wipe out jobs, study finds

CNN  

CNN — Former President Donald Trump has promised to attack the United States affordability crisis by imposing immense tariffs, carrying out unprecedented deportations and even influencing interest rate decisions. A loss of Fed independence would cause “permanently higher inflation” that “leads to ever-increasing prices across the US economy,” the paper said. At an event in Michigan last week, Trump praised …

Trump Cause Cnn Paper President Fed Tariffs
US consumer sentiment rises slightly on Democratic optimism over Harris’ presidential prospects
4 months, 1 week ago

US consumer sentiment rises slightly on Democratic optimism over Harris’ presidential prospects

Associated Press  

WASHINGTON — A surge in optimism by Democrats over the prospects of Vice President Kamala Harris lifted U.S. consumer sentiment slightly this month. “Consumers are still pretty glum overall by historical standards, but sentiment is on an improving trend,’' said Carl Weinberg, chief economist at High Frequency Economics. The Michigan survey shows that consumers’ expectations for future inflation have come …

Consumer Inflation Michigan Harris High Fed Consumers
Nobel prize economists warn a Trump win will lead to even higher inflation
5 months, 4 weeks ago

Nobel prize economists warn a Trump win will lead to even higher inflation

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A group of Nobel Prize-winning economists issued a stark warning …

Tax Inflation Trump Prize Economic Nobel Prize Donald Trump
Why experts say inflation is relatively low but voters feel differently
7 months, 4 weeks ago

Why experts say inflation is relatively low but voters feel differently

NPR  

Why experts say inflation is relatively low but voters feel differently Enlarge this image toggle caption Scott Olson/Getty Images Scott Olson/Getty Images A lot goes into planning a personal budget – and the price of food and how it fluctuates with inflation can be a big part of that. And interestingly, for the last eight months, consumers have been reporting …

Inflation Democrats Republicans Think Higher Consumers Sponsor Message
Why Biden is getting little credit for the economy, especially in California
8 months, 1 week ago

Why Biden is getting little credit for the economy, especially in California

LA Times  

People shop at a grocery store in Rosemead. As President Biden struggles to sell Bidenomics to skeptical voters, he’s facing the all-too-real consequences of stubbornly higher inflation, but he’s also battling human psychology. While partisan politics, pandemic hangover and other factors have colored people’s attitudes, experts say inflation appears to be the single biggest economic albatross for Biden. “Young people …

Economy Inflation Prices California High Biden Average
RBA governor Michele Bullock says she doesn't agree with IMF that Australia needs higher interest rates
10 months, 2 weeks ago

RBA governor Michele Bullock says she doesn't agree with IMF that Australia needs higher interest rates

ABC  

Reserve Bank governor Michele Bullock says she doesn't agree with the International Monetary Fund that Australia should be lifting interest rates even higher. Earlier this week, the RBA board decided to keep Australia's cash rate steady for another six weeks, at 4.35 per cent, saying there were "encouraging signs" that inflation was falling as required. RBA keeps interest rates steady …

Tax Inflation Impact Interest Rates Interest Cent Rates
Stock market today: Asian shares are mostly higher after a rebound on Wall Street
1 year ago

Stock market today: Asian shares are mostly higher after a rebound on Wall Street

Associated Press  

BANGKOK — Shares were mostly higher in Asia on Friday after several strong profit reports helped Wall Street claw back most of its sharp loss from day before. Bank of Japan officials have indicated they want to ensure inflation is sustained near the 2% target level and that wages are also rising before adjusting the central bank’s longstanding minus 0.1% …

Inflation Rate Wall Street Bangkok
Departments face ‘implausibly large’ spending squeeze under Hunt’s plans
1 year, 1 month ago

Departments face ‘implausibly large’ spending squeeze under Hunt’s plans

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “There’s a material risk that those plans prove undeliverable …

Spending Departments Plans Real Sign Obr Cuts
Can inflation swing votes in state elections?
1 year, 2 months ago

Can inflation swing votes in state elections?

Live Mint  

Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram are headed for assembly elections amid varying retail inflation numbers. In comparison, the overall Indian Consumer Price Index -based inflation eased for the second consecutive month in September to 5.02%. Typically, states that have rolled out high subsidies may see lower inflation, while those with high duties on petroleum products could see higher …

Rajasthan Inflation States Telangana State Higher Inflation High Price
Inflation drops to a two-year low in Europe. It offers hope, but higher oil prices loom
1 year, 2 months ago

Inflation drops to a two-year low in Europe. It offers hope, but higher oil prices loom

Associated Press  

FRANKFURT, Germany — Inflation that has plagued Europeans declined sharply in September to the lowest level in two years, strengthening hopes that consumers will get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won’t have to further restrict the economy by raising interest rates from already-record highs. But recently higher oil prices are casting …

Europe Inflation Germany Prices Interest Rates Oil Prices Ecb
Bank of England joins US Fed in keeping interest rates unchanged after inflation declines
1 year, 3 months ago

Bank of England joins US Fed in keeping interest rates unchanged after inflation declines

Associated Press  

LONDON — The Bank of England on Thursday joined the U.S. Federal Reserve in pausing interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace of price rises. The Bank of England, like other central banks, has raised interest rates aggressively from near zero as it sought to counter price rises first stoked by supply …

Ukraine Russia Inflation Interest Rates Central Banks Fed Mortgage Rates
What rising inflation means for you: CPI increases to a six-month high - what happens next?
1 year, 4 months ago

What rising inflation means for you: CPI increases to a six-month high - what happens next?

Daily Mail  

Inflation has risen higher than the national target, meaning consumers pay more Inflation rose above the Bank of England's 2 per cent target in October, reaching a six-month high. The bigger-than-expected rise in the headline inflation rate to 2.3 per cent coincided with another increase in core inflation, which has continued to run hot. Julian Jessop, economics fellow at the …

England Bank Interest High Cent Rates Target
FTSE swings higher on hopes of cooling inflation
1 year, 4 months ago

FTSE swings higher on hopes of cooling inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy London’s markets recovered ground amid …

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SNP’s Mhairi Black urges Government to take mortgage crisis ‘seriously’
1 year, 5 months ago

SNP’s Mhairi Black urges Government to take mortgage crisis ‘seriously’

The Independent  

Get Nadine White's Race Report newsletter for a fresh perspective on the week's news Get our free newsletter from The Independent's Race Correspondent Get our free newsletter from The Independent's Race Correspondent SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy SNP deputy Westminster leader Mhairi Black challenged the …

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Higher rents will help reduce rental stress by encouraging people to 'economise' on housing, RBA governor says
1 year, 6 months ago

Higher rents will help reduce rental stress by encouraging people to 'economise' on housing, RBA governor says

ABC  

Reserve Bank governor Philip Lowe says there is no immediate fix for people struggling in Australia's rental markets. Key points: RBA governor Philip Lowe say extremely high population growth is exacerbating the housing crisis He says higher interest rates will force people to economise on housing Mr Lowe says policymakers need to increase Australia's capital stock in line with population …

Housing Population Inflation Prices Interest Rates Population Growth Cent