Inflation Financial News

Industry commentators have said the Federal Reserve's job is not done yet, given the stubbornly high inflation rate.

Bitcoin (BTC) is clinging to the key $26,800 mark prior to the Oct. 12 Wall Street open as United States inflation data continued to beat expectations.

Bitcoin (BTC) hit new October lows after the Oct. 11 Wall Street open, as one analyst hailed the “final stage” of the cryptocurrency bear market.

Love him or hate him, when Arthur Hayes speaks, people listen. 

Grocery price inflation during the period was still double digits at 11%, and take-home grocery sales rose by 9.1%.

Alongside the £4.6trn managed for UK retail and institutional investors, a further £4.2trn is managed on behalf of overseas investors.

Retail sales growth has been artificially boosted by high inflation over the last two years.

Bitcoin (BTC) starts the second week of October up 4% month-to-date as geopolitical instability provides a snap market focus.

Bitcoin (BTC) saw a snap retest of $27,000 around the Oct. 6 Wall Street open as wildcard United States employment data rattled markets.

Equity funds were hit by a fifth consecutive month of outflows, with £206m pulled in September.

The next crypto bull market is likely to kick off in Q2 2024, when the Bitcoin (BTC) halving is set to take place, says macro investor and Real Vision CEO Raoul Pal.

Equity funds were hit by a fifth consecutive month of outflows, with £206m pulled in September.

Bitcoin (BTC) is beating inflation better than the U.S. dollar, the Federal Reserve says — unintentionally.

Bank of England governor Andrew Bailey (pictured) credit: Bank of England

Argentinian presidential candidate Sergio Massa has pledged to launch a central bank digital currency (CBDC) if elected to “solve” Argentina’s long-lasting inflation crisis.

Bank of Canada deputy governor Nicolas Vincent says businesses are still raising their prices more frequently and by larger amounts than they did before the pandemic, which is contributing to higher-than-expected inflation.

With the cost of living running high, raising children is not cheap in Canada.

Lower grocery inflation will be welcomed by households, where budgets remain under pressure.

Catherine Mann is a member of the Bank of England's Monetary Policy Committee

The number of babies born in Canada dropped to a 17-year-low last year amid the COVID-19 pandemic and a declining fertility rate, data shows.

interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.Now, with interest rates increasingly expected to stay higher for longer, many of the homeowners who locked in low rates years ago are likely bracing themselves for financial pain as their mortgage comes up for renewal.“Each month that passes, roughly two per cent of mortgage holders face renewal at sharply higher interest rates,” Royce Mendes, managing director and head of macro strategy at Desjardins, wrote in a Sept. 19 note to clients.Borrowers with fixed rates are expected to see an average payment increase of between 14 per cent and 25 per cent next year compared with early 2022 costs, according to the Bank of Canada.