The Latest Breaking News from Inflation

Asian markets are mixed after stocks on Wall Street shook off a choppy start to finish higher on Monday, as it kicked off a holiday-shortened week

The ASX200 finished a quarter of a per cent higher as traders digested Reserve Bank minutes indicating officials remain concerned about inflation.

March S&P 500 E-Mini futures (ESH25) are up +0.16%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.28% this morning, extending Friday’s solid gains after muted U.S. inflation data helped reignite Federal Reserve rate cut bets, while investors also awaited a fresh batch of U.S. economic data this week.

Economic issues, particularly living costs, were front and centre in 2024 as some 2 billion people went to the polls.

Asian markets rose Monday after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more hawkish tone with interest rates next year.

While the sector’s earnings have increased sixfold, poor bargaining power has left its employees among the lowest-paid in Australia and most vulnerable to inflation

Hewlett Packard, American Express and Pfizer among firms to have frozen increases in payouts despite inflation

US PBM reform efforts face setback as Congress fails to pass transparency measures. FTC takes action against major PBMs for alleged insulin price inflation.

"For investors, it is starting to look similar to 2022—too high inflation, rising interest rates, and falling stock prices."