#inflation
Latest news and interesting information about inflation.
Inflation is biggest risk to US economy, Fed's Schmid says
Kansas City Fed President Jeffrey Schmid says inflation is the most pressing risk to the U.S. economy, while the economy shows resilience and strong growth.
Wall Street rises on tech strength, Trump-Xi summit
Wall Street opens higher driven by tech sector gains and the Trump-Xi summit. S&P 500, Nasdaq, and Dow Jones post gains.
US retail sales rose 0.5% in April
US retail sales rose 0.5% in April as higher prices from the Iran conflict boosted receipts. Tax refunds support spending but inflation pressures mount.
White House Struggles to Contain Gas Prices Amid Iran War
White House struggles to contain gas prices amid Iran war. Trump backs federal gas tax suspension as prices soar 50% since war began.
S&P 500, Nasdaq futures hit new highs as Nvidia jumps
S&P 500 and Nasdaq futures hit new highs as Nvidia jumps on trade clearance. U.S.-China summit and retail sales data in focus.
Why are Breville shares falling today?
Breville shares fell 2.51% today due to macro headwinds. No company-specific news. Macquarie identifies new markets. Consumer stocks under pressure.
Turkey's Central Bank Raises 2026 Inflation Target to 24%
Turkey's central bank raised its 2026 inflation target to 24% citing Iran war and regional tensions. Governor Fatih Karahan announced the revision.
Romania Central Bank Expected to Hold Rate at 6.50%
Romania's central bank is expected to keep its key interest rate at 6.50% amid inflation concerns, with a hawkish tone likely at the press conference.
Trump-Xi meeting; Cisco's AI overhaul
Trump-Xi meeting, Cisco AI overhaul, oil prices, and Kevin Warsh confirmed as Fed Chair. Latest market-moving news.
UK economy strong Q1, Iran war clouds outlook
UK economy posted strong Q1 growth of 0.6%, but the Iran war casts a shadow on the outlook, with recession risks rising and inflation expected to surge.
Dollar Strengthens on Fed Rate Hike Bets; Trump-Xi Summit
Dollar strengthens on Fed rate hike expectations; Trump-Xi summit underway.
European stocks edge higher as Trump meets Xi
European stocks rise as Trump meets Xi amid Iran war tensions. Oil prices climb above $105.
India's wholesale inflation hits 8.3%, 3.5-year high
India's wholesale inflation rose to 8.3% in April, the highest in 3.5 years, due to energy price surge from Middle East conflict.
India's wholesale inflation hits 8.3%, 3.5-year high
India's wholesale inflation accelerated to 8.3% in April, a 3.5-year high, fueled by energy price surge.
BOJ's Masu Calls for Early Rate Hike, Joins Hawks
BOJ board member Masu calls for early rate hike, joining hawkish members. Market sees 70% chance of June hike amid inflation concerns.
US Inflation Hits 3-Year High: 3.8%
US inflation hit 3.8% in April, a three-year high, driven by rising energy costs and geopolitical tensions.
Three Million UK Families Forced to Cut Food Budgets Amid Cost of Living Crisis
Three million UK households are cutting food budgets due to the cost of living crisis. 85% of Britons worry about food prices. Consumer confidence hits record low.
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