Food Inflation Has Dropped Dramatically Since Last Year—But Many U.S. Households Still Say It’s Too High, Report Finds
Economy

Food Inflation Has Dropped Dramatically Since Last Year—But Many U.S. Households Still Say It’s Too High, Report Finds

Despite recent trends of cooling inflation, grocery prices in the second quarter of 2023 remained a concern among U.S. households—especially for families with children—according to a report by data consulting company Dunnhumby, suggesting American shoppers remain worried […]

Australia
Economy

Australia’s central bank warns of inflation risks, pain ahead for households

The head of Australia’s central bank on Wednesday pledged to do whatever is necessary to bring inflation back to target, warning that risks to inflation are on the upside and households should brace for the pain ahead. Appearing before lawmakers, Reserve Bank of Australia Governor Philip Lowe […]