Why some people feel good about their bank accounts but bad about the economy: There’s a growing disconnect between economic sentiment and economic data in the ...
cnn.com/2024/04/07/economy/us-economy-personal-finance/
Where king dollar is causing pain the most: A dollar surge propelled by a strong economy, sticky inflation and geopolitical tensions have unnerved policymakers ...
reuters.com/markets/currencies/where-king-dollar-is-causing-pain-most-2024-04-23/
Asia Budget-Store Billionaires Get Richer From Inflation Pain: Not everyone is a loser when it comes to inflation.
bloomberg.com/news/articles/2024-04-17/billionaires-selling-cheap-stuff-get-richer-from-inflation-pain
Moore: Joe Biden doesn’t feel your pain: Most people boasting about the gleaming economy are inside the Washington bubble or nested inside college faculty ...
bostonherald.com/2024/04/19/moore-joe-biden-doesnt-feel-your-pain/
The Standard View: Inflation fall is a lifeline – but the pain isn't over yet: After a series of bruising setbacks, the Prime Minister can finally point to some ...
standard.co.uk/comment/inflation-interest-rates-rishi-sunak-bank-of-england-jeremy-hunt-b1146516.html
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
Inflation's Harsh Line Between the Latest S&P 500 Record and the Common Man: The inflation numbers were benign enough for the S&P 500 to set another ...
bloomberg.com/opinion/articles/2024-03-13/inflation-s-harsh-line-between-the-latest-s-p-500-record-and-the-common-man
Will Tuesday's US Data point to more inflation pain? : Let's look at how markets opened this morning. Asian stocks started Tuesday on a cautious note ...
wionews.com/videos/will-tuesdays-us-data-point-to-more-inflation-pain-699204
Argentina's high poverty rate and triple-digit inflation led to pain in the South American country's poor barrios as new libertarian President Javier Milei ... Show more reut.rs/434OGb2
Does Interest Rate Pain Explain the Consumer Sentiment Gap?: Consumers consider the cost of money part of their cost of living, but most calculations of ...
bloomberg.com/opinion/articles/2024-03-04/does-interest-rate-pain-explain-the-consumer-sentiment-gap
From US inflation data to a meeting on global trade, these are the stories to watch for in business and finance reut.rs/3UNf9YF
Despite #inflation slowing down, car insurance costs have surged 26% since 2023, with more pain on the way. We reveal the price hikes drivers have already had to ... Show more trib.al/vEaeqIQ
Singapore, Thailand and more hand out cash to ease inflation pain: SINGAPORE -- Southeast Asian countries are distributing more money directly to households to ...
asia.nikkei.com/Economy/Singapore-Thailand-and-more-hand-out-cash-to-ease-inflation-pain
AA warns motorists to brace for more fuel price pain in March: South Africans can expect a major increase in fuel prices in March, delivering yet another blow to ...
timeslive.co.za/motoring/news/2024-02-15-aa-warns-motorists-to-brace-for-more-fuel-price-pain-in-march/
RBA leaves official interest rate on hold fuelling hopes mortgage repayment pain has peaked
theguardian.com/australia-news/2024/feb/06/rba-interest-rates-announcement-hold-4-35
Quick Glance: RBA Maintains Official Interest Rate
- During its first meeting in 2024, the board decided to keep the cash rate unchanged at 4.35%.
- Despite easing inflation data, the RBA stated that inflation remains high.
- The board anticipates that it will be a while before inflation is consistently within the target range.
- The path of interest rates that will best ensure a return to target inflation will depend on data and evolving risk assessments, potentially leading to further rate increases.
Inflation is coming down, but cost of living continues to bite: An interest rate cut will be a reprieve for those with a mortgage, but the pain isn’t over yet ...
theage.com.au/business/the-economy/inflation-is-coming-down-but-cost-of-living-continues-to-bite-20240131-p5f1en.html
Why we’re doomed to hold interest rates too high for too long - Liam Dann: OPINION We’re going to overdo the inflation fight, keep interest rates too high for ...
nzherald.co.nz/business/why-were-doomed-to-hold-interest-rates-too-high-for-too-long-liam-dann/ORWE5UV4B5DCLG26SHSHFOSISU/
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Election in 2024 unlikely, cost-of-living help on the way: Albanese: The prime minister began his year with an appeal to return the treasured baggy green cricket ...
theage.com.au/politics/federal/election-in-2024-unlikely-cost-of-living-help-on-the-way-albanese-20240103-p5euwx.html
Humana patients are using their insurance more than expected: The more people use their insurance plans, the lower the profits for the insurers and, typically ...
axios.com/2024/01/18/humana-higher-prices-costs-insurance-health-care
The muscle we need to flex to bring inflation down with less pain: Australians work longer hours, but our extra miles aren’t necessarily moving us forward ...
theage.com.au/business/the-economy/the-muscle-we-need-to-flex-to-bring-inflation-down-with-less-pain-20240111-p5ewo5.html
Fed Securing Soft Landing, IMF Chief Says, Warns of Fragmentation: The head of the International Monetary Fund said the US economy is “definitely” headed for a ...
bloomberg.com/news/articles/2024-01-02/imf-chief-says-fed-is-definitely-securing-soft-landing-warns-of-fragmentation
Posthaste: Canadians are planning to fight back against higher grocery prices in 2024
financialpost.com/news/canadians-fight-back-higher-grocery-prices-2024
Man In Charge of Inflicting Pain on U.S. Economy Indicates He Might Finally Be Satisfied
vice.com/en/article/y3wkpg/jerome-powell-fed-interest-rates-explain
Posthaste: Canadians are planning to fight back against higher grocery prices in 2024
financialpost.com/news/canadians-fight-back-higher-grocery-prices-2024
Inflation Comes In Slightly Hotter Than Expected Last Month, According To CPI: The market widely expects the Fed to hold the federal funds rate steady for the ...
forbes.com/sites/dereksaul/2023/12/12/inflation-was-better-than-expected-last-month-but-progress-toward-feds-2-target-remains-slow/
Fed Inflation Fight Enters Last Leg Without ‘Pain’ It Feared: Federal Reserve Chair Jerome Powell said pain would be necessary to quell inflation ...
bloomberg.com/news/articles/2023-12-12/fed-enters-last-leg-of-inflation-fight-without-pain-it-feared
Fed Chair Jerome Powell's warning of economic pain from the fight against inflation largely hasn't been realized as job market stays strong. Show more
Powell's Battle Against Inflation Defies His Dire Warning: This is Washington Edition, the newsletter about money, power and politics in the nation’s ...
bloomberg.com/news/newsletters/2023-12-12/powell-s-battle-against-inflation-defies-his-dire-warning
Fed Can Trigger Rush to Exit on Stretched Market Positioning: With Tuesday’s inflation data in the rear-view, investor focus turns to Wednesday’s Federal Reserve ...
bloomberg.com/news/articles/2023-12-12/fed-can-trigger-rush-to-exit-on-stretched-market-positioning
Softer inflation could hide a hard landing: The U.S. economy is coming in for landing. Inflation is easing even as growth looks strong ...
reuters.com/breakingviews/softer-inflation-could-hide-hard-landing-2023-11-14/
Young and low-income Americans experience inflation at higher rates: Though inflation rates have come down this year, they're still elevated.
axios.com/2023/11/30/inflation-young-low-income-higher-rates-generations
Now is not the time ‘to start thinking about cutting interest rates,’ Bank of Canada governor says
thestar.com/business/now-is-not-the-time-to-start-thinking-about-cutting-interest-rates-bank-of-canada/article_4c4f5f48-a58e-56b5-ab75-23ae45dd57c9.html
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'Increasingly homegrown' inflation problem signals more interest rate pain: The RBA has warned it will take longer to bring under control and likely require ...
9news.com.au/finance/rba-interest-rates-homegrown-inflation-problem-signals-more-interest-rate-pain/2f0e427b-7af6-4001-8383-b7b89ff310ce
Quick Glance: Controversy Surrounding RBA Chief's Remarks
- The RBA governor is facing criticism for controversial statements regarding the cause of high inflation.
- Implications of further interest rate hikes to combat 'homegrown' inflation are being made.
- Previous RBA chief made headlines with 'out-of-touch' public statements during the rate increases.
- This month, the RBA raised the official cash rate to a 12-year high of 4.35 per cent.
UK consumer confidence jumps despite lingering inflation pain: British consumers have turned more optimistic about the outlook for the economy and their personal ...
reuters.com/world/uk/uk-consumer-confidence-jumps-despite-lingering-inflation-pain-2023-11-24/
Argentina investors brace for financial pain no matter who wins presidency: Global investors expect a large amount of financial pain out of Argentina no matter ...
reuters.com/world/americas/argentina-investors-brace-financial-pain-no-matter-who-wins-presidency-2023-11-16/
ECB will not start cutting interest rates in ‘next couple of quarters’, warns Lagarde
irishtimes.com/business/2023/11/10/ecb-will-not-start-cutting-interest-rates-in-next-couple-of-quarters-warns-lagarde/
Kishida announces $113-billion package to combat inflation pain | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15046691
Quick Glance: Japan unveils $113 billion package to counter inflation
- Government announces measures to cushion economic impact of inflation
- Supplementary budget of 13.1 trillion yen to be compiled for current fiscal year
- Total package size, including local government spending and state-backed loans, will be 21.8 trillion yen
- Government estimates package will boost Japan's GDP by around 1.2% on average over next three years
Mortgage pain for millions with no interest rate cuts for a year, warn economists
inews.co.uk/inews-lifestyle/money/property-and-mortgages/mortgage-pain-for-millions-with-no-interest-rate-cuts-for-a-year-warn-economists-2729744
Productivity adds the anesthetic to Powell's pain-free disinflation: A recent surge in U.S. productivity has underscored Federal Reserve Chair Jerome Powell's ...
reuters.com/markets/us/productivity-adds-anesthetic-powells-pain-free-disinflation-2023-11-03/
Economy ‘clearly stagnating:’ New GDP data indicates Canada heading for recession — and may already be there
thestar.com/business/economy-clearly-stagnating-new-gdp-data-indicates-canada-heading-for-recession-and-may-already-be/article_7b9455a9-d769-5286-a1cd-d0612bf6f68c.html
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Gov't floats ¥40,000 income tax cut a year to ease inflation pain: The Japanese government is considering an income tax cut of 40 ... Show more #Japan #JapanToday #news
Gov't floats ¥40,000 income tax cut a year to ease inflation pain: The Japanese government is considering an income tax cut of 40,000 yen per person and ...
japantoday.com/category/politics/Gov&
Japan weighs one-time $260 tax cut to ease inflation's pain: TOKYO -- The Japanese government and the ruling Liberal Democratic Party are considering a one-time ...
asia.nikkei.com/Politics/Japan-weighs-one-time-260-tax-cut-to-ease-inflation-s-pain
Paid articlePaid Petrol prices spiked 7% in September quarter and there’s more pain to come, Australian treasurer suggests
theguardian.com/business/2023/oct/23/petrol-prices-spiked-7-in-september-quarter-and-theres-more-pain-to-come-australian-treasurer-suggests
Japan gov't floats 40,000 yen income tax cut a year to ease inflation pain - The Mainichi
mainichi.jp/english/articles/20231024/p2g/00m/0na/043000c
Why Americans' financial pain could get worse: The problems will trickle down to cash-strapped consumers in ways both obvious and invisible.
axios.com/2023/10/09/us-high-interest-rates-debt-government-bonds
Stubborn UK inflation puts Bank of England in a bind: Central bank is grappling with persistent rising prices, sluggish growth and conflicting economic data
ft.com/content/454f9df5-b411-429d-bc5d-68dddbaf0bde
Paid articlePaid Fed chief Powell has warned of economic pain. In York, Pa., he heard all about it
reuters.com/markets/us/fed-chief-powell-has-warned-economic-pain-york-pa-he-heard-all-about-it-2023-10-02/
Gov't considers support for low-income earners in new economic package: The Japanese government and ruling party are considering including relief measures ...
japantoday.com/category/politics/update1-japan-mulls-support-for-low-income-earners-in-new-economic-package
Quick Glance: Japan to Implement Economic Measures to Alleviate Inflation Effects
- Japanese Prime Minister Fumio Kishida announces economic stimulus measures
- Package aims to assist households in coping with price hikes and increasing wages
- Kishida instructs cabinet to compile the package and secure funding quickly
- Goal is to shift Japan's economy away from cost-cutting practices
Inflation Pain: I’m Chris Anstey, a senior editor for economic policy, and today we’re looking at Bloomberg’s real-economy reporting on inflation ...
bloomberg.com/news/newsletters/2023-09-25/inflation-pain
US Federal Reserve Curbs Inflation, Consumers Say Prices Are Still High: Inflation has cooled down from a year ago, but that’s failing to allay the pain of ...
bloomberg.com/news/articles/2023-09-24/us-federal-reserve-curbs-inflation-consumers-say-prices-are-still-high
Martin Lewis warns motorists over surging cost of car insurance: Some analysts believe it has gone up by more than 40 per cent, with home insurance not far ...
walesonline.co.uk/news/uk-news/martin-lewis-warns-motorists-over-27750032
Price of fuel set to rocket in October, AA warns: South Africans should brace for more fuel price pain in October based on unaudited data from the Central Energy ...
timeslive.co.za/motoring/news/2023-09-19-price-of-fuel-set-to-rocket-in-october-aa-warns/
Fed officials see path to beating inflation without major economic pain: Call it "superficially hawkish, structurally dovish"
axios.com/2023/09/21/fed-reserve-plan-inflation-interest-rates
Interest rates decision a relief but homeowners face higher repayments for some time
news.stv.tv/world/interest-rates-decision-a-relief-but-homeowners-face-higher-repayments-for-some-time
What to expect from interest rates in the next year: Most economists expect interest rates to stay at 4.1 per cent for the near future, but when the first cuts ...
theage.com.au/politics/federal/what-to-expect-from-interest-rates-in-the-next-year-20230910-p5e3fh.html
Europe’s economy looks to be heading for trouble: Will policymakers still lift interest rates?
economist.com/finance-and-economics/2023/08/31/europes-economy-looks-to-be-heading-for-trouble
Bank of America predicts ECB will raise rates again next week: The European banking regulator has raised borrowing rates by 4.25% in total since it began its ...
irishexaminer.com/business/economy/arid-41222284.html
Investors are overlooking 'pain before the pivot,' debt danger: Pomboy: The Fed's interest-rate hikes will have severe, delayed impacts on households, businesses ...
markets.businessinsider.com/news/stocks/stephanie-pomboy-economy-stock-market-outlook-fed-pivot-rates-debt-2023-9
Jerome Powell At Jackson Hole: Fed ‘Prepared’ To Further Hike Interest Rates: The Fed boss’ Jackson Hole speech in 2022 warned of “pain” for Americans ahead of ...
forbes.com/sites/dereksaul/2023/08/25/jerome-powell-at-jackson-hole-fed-prepared-to-further-hike-interest-rates/
Quick Glance: Powell: Economy's Strength May Require More Interest Rate Increases
- Economic growth may require more interest rate increases, says Powell
- Higher loan rates make it harder to afford homes and cars
- Fed believes its key rate is high enough to restrain growth
- Even without further rate hikes, the Fed may keep its benchmark rate elevated to contain inflation
Jerome Powell At Jackson Hole: Fed ‘Prepared’ To Further Hike Interest Rates: The Fed boss’ Jackson Hole speech in 2022 warned of “pain” for Americans ahead of ...
forbes.com/sites/dereksaul/2023/08/25/jerome-powell-at-jackson-hole-fed-prepared-to-further-hike-interest-rates/
ECB rate pause now may be too early: policymaker: It may be too early for the European Central Bank to pause interest rate hikes now as an early stop in the ...
reuters.com/markets/rates-bonds/ecb-rate-pause-now-may-be-too-early-policymaker-2023-08-26/
Fashion retailers suffer sales pain as tomato, onion prices surge: Fashion retailers in India suffer sales pain as tomato, onion prices surge
deccanherald.com/india/fashion-retailers-suffer-sales-pain-as-tomato-onion-prices-surge-2663231
Inflation, weak economy likely to hit household spending power further - ASB: Households can expect the economy to remain flat over the next 12 months ...
rnz.co.nz/news/national/496307/inflation-weak-economy-likely-to-hit-household-spending-power-further-asb
In his own words: Adrian Orr on rates and regrets: What the mortgage-free Governor wants you to know about the economy.
nzherald.co.nz/business/in-his-own-words-adrian-orr-on-rates-and-regrets/IHTK6ENEXREEHFLHWGYVNZBQHM/
A ‘resilient’ economy still feels the pinch: The government should stand between us and inflation’s constant battering
mg.co.za/editorial/2023-08-18-a-resilient-economy-still-feels-the-pinch/
TIPS Yield Surge Tests Bond Bulls' Pain Threshold: A scrapped bullish wager on five-year Treasury inflation-protected securities offers a poignant example ...
bloomberg.com/news/articles/2023-08-17/inflation-protected-bond-bulls-pain-thresholds-get-tested
FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?: Barring Varun Beverages that reached a new all-time high and Colgate Palmolive ...
business-standard.com/markets/news/fmcgs-extend-fall-on-rbi-s-warning-of-higher-inflation-more-pain-on-cards-123081700235_1.html
Paid articlePaid Interest rate rises mean political pain for Rishi Sunak, but it’s ordinary Brits who will hurt most
inews.co.uk/opinion/interest-rate-rises-political-pain-rishi-sunak-ordinary-brits-who-will-hurt-most-2524838
Quick Glance: Bank of England raises interest rate to 5.25% - Inflation must fall
- Interest rate increased to 5.25%, highest level since 2008
- Bank expects inflation below 5% in autumn or winter
- Interest rates to remain high until inflation is under control
- Forecast: No recession, limited growth, and rising unemployment
Petrol prices bite as government holds firm against bringing subsidy back: Motorists can expect more pain at the pump as prices once again start to trend upwards ...
nzherald.co.nz/nz/petrol-prices-bite-as-government-holds-firm-against-bringing-subsidy-back/W6PJIVHW6JEPTOHOZ4ULLGKRIU/
Avoid the rip-offs: How to get a cheaper car rental: Now that travel has returned there are car shortages – and higher prices for hiring them. There are, however ...
smh.com.au/traveller/reviews-and-advice/avoid-the-rip-offs-how-to-get-the-cheapest-rate-for-a-car-rental-20230725-p5dr07.html
Inflation is hurting meal providers as need for food rises: As consumers feel the pain of inflation, they are relying more on free meal providers ...
seattletimes.com/seattle-news/homeless/inflation-is-hurting-meal-providers-as-need-for-food-rises/
Morning Bid: US macro 'pain trade' bites: A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
reuters.com/markets/asia/global-markets-view-asia-graphics-pix-2023-08-01/
BOJ lightens grip on yields under shadow of weak yen, inflation: TOKYO -- As the U.S. and Europe wind down their monetary tightening cycles ...
asia.nikkei.com/Economy/Bank-of-Japan/BOJ-lightens-grip-on-yields-under-shadow-of-weak-yen-inflation
Inflation dip puts central bankers in a pickle: podcast: The Federal Reserve and ECB once again hiked interest rates. Yet US price rises are easing with few ...
reuters.com/breakingviews/inflation-dip-puts-central-bankers-pickle-podcast-2023-07-27/
The Bank of England has lots more pain to inflict: Readers who have attempted to move a grand piano sideways across an ice rink will know how policymakers at the ...
newstatesman.com/business/economics/2023/07/bank-of-england-pain-inflation-growth-wages
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CRUDE AWAKENING: More pain at the pump is coming for Americans across the country in the latest summer swoon. trib.al/b8MstZn
Southern California inflation at 2-year low. Is price pain over?: LA-OC’s cost of living rose at a 2.5% annual pace, the slowest price pain gain since March 2021 ...
ocregister.com/2023/07/12/southern-california-inflation-at-2-year-low-is-price-pain-over/
Quick Glance: US Inflation Rises at Slowest Pace in Two Years
- Inflation rose 3% in June compared to the previous year, according to data, down from 4% in May.
- Inflation has significantly decreased from its peak of over 9% in June 2022, and the latest reading represents the slowest pace since March 2021.
- The increase in US inflation in June was driven by higher housing costs, as reported by the Labor Department.
- The figures highlight the relatively fast progress the US has made in controlling price increases, especially compared to the UK, where inflation reached 8.7% in May despite multiple interest rate hikes.
Mortgage rates: The full pain of this chaos is yet to come: If the economy was functioning normally, officials would not need to ask firms to temper price rises.
bbc.com/news/business-66003036
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