New research shows that American families will spend more than ever on Fourth of July barbecues due to inflation.
Tags: Inflation
ASX Starts Strong This Week Due to Inflation
The Australian Stock Exchange (ASX) began its trading week strong after stocks based in the United States finished last week on the red, with investors continuing to bet that the Reserve Bank of Australia (RBA) would start cutting interest rates by September.
Bank of Japan Expected to Present 'Paradigm Shift' on Inflation, Rate-Hike Cycle
The Bank of Japan (BOJ) said that it was preparing for an era of steady interest rate hikes by claiming victory over deflation, according to a major review of past policy that recognized a paradigm shift over consumer behavior.
US Inflation Up Slightly in June as Consumer Spending Slows Down Amid Declining Income Growth
U.S. inflation in June ticked up slightly to 2.5% annually, while consumer spending cooled, prompting expectations that the Federal Reserve may cut interest rates in September.
Social Security Benefits Lost 20% of Buying Power Due to Inflation, Outlook for 2025 Is Grim
To compensate for the lost value, payments would need to increase to more than $4,400 a year. Read more here.
Latest News
Chipotle CEO Brian Niccol dismissed social media claims that the restaurant’s portion sizes have been shrinking due to inflation.
McDonald’s denied the allegations suggesting that its Big Mac meal has doubled since 2019, stressing that last summer’s $18 Big Mac meal in a Connecticut store was an ‘exception’ compared to the average Big Mac price of $5.29 in 2024.
After fuel, health, and holiday price rises, Australia's consumer price inflation rate reached 3.6% in April, a five-month high that might prompt the Reserve Bank of Australia to raise interest rates.
CEO Jason Hart reveals Aldi Supermarket's strategy to combat inflation by prioritizing low prices during the summer season. He announces, coinciding with similar initiatives from major retailers like Walmart and Target.
American households still feel inflation's effects on increasing goods, especially with rent, as parents struggle to make ends meet.
SF Fed denied the corporate greedflation that the Biden Administration and Americans believe. Here's what the federal bank explained.
Grocery price inflation in the UK has slowed to its lowest level since October 2021 and is gradually returning to "more normal levels," according to industry data.
Target said it will decrease prices on 5,000 popular goods to attract more customers amid inflation fears.
Former President Donald Trump has once again criticized President Joe Biden's handling of inflation, pointing to the shrinking size of Snickers bars as an example of his rival's economic mismanagement and not "shrinkflation."
