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              Inflation

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

              Low prices at a Walmart in Austin, Texas. Core PCE, which excludes food and energy, rose 0.4 per cent last month. EPA

              Fed's preferred US inflation metric increases in January

              EconomyFebruary 29, 2024
              Pharmacies are struggling to make enough money to buy medications at currently inflated prices. Reuters

              Egyptians suffer medicine shortage as economic crisis deepens

              EgyptFebruary 15, 2024
              There are still plenty of economies in the world that rely heavily on cash. Getty Images

              A cashless society? Not if you’re a tourist

              OpinionFebruary 14, 2024
              The Consumer Price Index, which includes food, rose 0.3 per cent in January, the Labour Department reported on Tuesday. EPA

              US inflation comes in hotter than expected in January

              EconomyFebruary 13, 2024
              Officials at the Federal Reserve expressed caution on cutting US interest rates too soon. Bloomberg

              Fed asks for patience ahead of cutting US interest rates

              EconomyFebruary 08, 2024
              Traders work on the floor at the New York Stock Exchange. Many investors believe the strong growth of the US economy is a positive for stocks. Reuters

              Robust US economy disrupts market's Fed cut hopes

              MarketsFebruary 04, 2024
              A recruitment sign in New York. US employers were expected to add 185,000 jobs in January. AFP

              US economy smashes expectations with January job gains

              EconomyFebruary 02, 2024
              The Bank of England had raised interest rates in 14 consecutive meetings to deal with surging inflation. PA

              UK interest rates on hold over Middle East and inflation threats

              UKFebruary 01, 2024
              Consumer confidence reached a two-year high in January on optimism that inflation is cooling and interest rates will be lowered this year. Bloomberg

              US consumer confidence reaches highest level in two years

              USJanuary 30, 2024
              Mo Ibrahim, co-founder and chief executive of FinWell app Maly, wants to encourage people to build a healthier relationship with money. Antonie Robertson / The National

              Generation Start-up: How Maly is supporting financial wellness

              MoneyJanuary 29, 2024
              A ship transits the Suez Canal towards the Red Sea near Ismailia, Egypt. Getty Images

              Red Sea crisis not a threat to US economic outlook - so far

              USJanuary 29, 2024
              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
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