Two key reports in the past week show that inflation was running high in July. But August is offering relief.
Bank keeps UK interest rate at 5%
The Bank of England holds interest rates at 5% for a fifth month as it balances a weak economy and high inflation.
US economy 'facing stagflation'
The US economy is facing slow growth and higher prices according to the Federal Reserve.
Issue #1: Are you better off?
The statistics are grim: Inflation is at a 17-year high. Unemployment is rising. Foreclosures are spreading.
Wholesale prices rise again
Wholesale prices increased more than expected in July, adding to growing fears about inflation, according to a government report released on Tuesday.
Where inflation is 2,000,000%
If purchased on the newsstand in Zimbabwe, the issue of Fortune you're holding would have cost you 270,543,825,555 Zimbabwean dollars. But don't worry about pulling your Weimar-era...
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