inflation

Economist Gita Gopinath joins Raj Shamani's podcast to explain how money is actually created, breaking down the role of central banks, money printing and inflation in plain terms. The conversation is drawing large audiences, with hundreds of thousands of viewers engaging with the episode as clips of her explanations circulate widely.

Japan's Black Friday shopping season is starting earlier than ever. AEON launched its limited online pre-sale on October 31 and is running an 8% discount campaign, while emphasizing experiential consumption. Bandai Namco Entertainment began a sale offering download games at up to 87% off, including Ace Combat 8 for the first time. Godiva is selling limited-quantity happy bags. Retailers are competing to offer savings as consumers feel squeezed by rising prices.

Spanish newspaper El Periódico is drawing attention with a piece cautioning that further inflation is on the way, telling readers to remember what is coming. The paper is also running coverage of a range of other stories, including an interview with Spanish heptathlete María Vicente about mental health support in sport and local reporting on preparations for a rail accident in Toledo province.

US consumer prices rose 3.7% year on year in September, driven largely by a sharp jump in petrol prices, according to CNBC. The figure matched the previous month and kept inflation above the Federal Reserve's 2% target. Traders are watching the data closely for clues about whether interest rates will rise again this year.

Russia's annual inflation has risen to around 7.1%, according to fresh economic data. Analysts are discussing what goods and services may become more expensive through the end of 2026 and whether consumers should make major purchases now. The topic comes alongside forecasts that average Russian salaries could reach 120,000 rubles, and amid global attention on upcoming interest rate decisions from the US Federal Reserve and the European Central Bank.

Bitcoin is holding steady around $80,000 as traders digest a hawkish Federal Reserve and higher-than-expected inflation, both of which are pressuring risk assets. The cryptocurrency is trending in multiple countries, including Brazil, the United States, Germany, Spain and the United Kingdom, with market watchers debating whether the current stability can survive a tighter monetary policy environment.

Italian economic news is dominated by inflation concerns, with commentators arguing that rising prices are a shared problem across states requiring greater policy flexibility. Coverage also includes Spain's unemployment rising more than expected, the October calendar for Italian government bond auctions of BTPs and BOTs, and the return of the Festival of Critical Economy. Financial dailies are aggregating the key economic and finance stories from the press.

The International Monetary Fund has voiced concern that deteriorating public finances and high inflation could trigger an abrupt increase in sovereign risk premiums. The warning, reported by El País, points to mounting pressure on government borrowing costs at a time when fiscal positions are weakening across major economies, keeping markets and policymakers on alert.

New fuel rates were announced for India effective 30 October, with petrol at ₹150 and diesel at ₹159 per litre cited at a global level, keeping inflation in the headlines. Alongside this, discussion continues over how El Nino will affect India's winter this year, and reports of protests in seven countries over elections, education and rising living costs.

Brazil's central bank has ended its cycle of interest rate cuts, keeping borrowing costs on hold as inflation remains persistently above target. The decision signals that policymakers are unwilling to ease further until price pressures show sustained declines. Markets and economists are watching closely for clues on when easing might resume, with the move reflecting concern that inflation expectations are not yet fully anchored.

Attention is turning to the IPCA, Brazil's benchmark inflation index, with economic coverage bundling official inflation figures alongside the dollar, the Ibovespa stock index and betting-sector news. Commentators are framing the reading as a key piece of the broader economic agenda, given its influence on interest rate expectations and household budgets.

Attention is turning to the latest US inflation report, due out Wednesday, with financial outlets outlining what economists and markets expect from the figures. Investors are watching for signs that price growth is cooling or holding firm, as the outcome could shape expectations for interest rate policy in the months ahead.

Manchester City are back in the spotlight as Japanese media report on the potential consequences of the club's long-running financial case. Outlets say that if the charges over allegedly inflated sponsorship linked to Abu Dhabi's oil money are proven, the club could face an unprecedented punishment, with the fallout potentially reshaping English football. Interest in the club remains high in Japan.

U.S. stock markets rebounded after last week's sell-off, recovering some of their losses as oil prices dropped. The easing of oil prices offered relief to investors worried about inflation and energy costs, helping shares climb back. Traders are watching energy markets closely for signals on where equities head next.

Strong winds are driving weather warnings across the United States. An October nor'easter is pummelling the Mid-Atlantic coast with high winds and large waves, while Florida's east coast faces likely coastal flooding Monday and Tuesday. Gusty winds and dry conditions are raising fire concerns elsewhere, falling temperatures and breezy conditions are moving into parts of the Midwest, and wind gusts forced five inflatable Halloween monsters to be taken down.

Employee unions in India are urging the government to move forward with the 8th Pay Commission and to raise salaries in line with inflation. Staff bodies have demanded an increase in pay and allowances to match rising living costs. The topic is drawing wide attention among central government employees awaiting an announcement on the new pay panel.

Household finances are a hot topic in Japan as people look for ways to cope with rising living costs. Financial media are urging investment in foreign stocks and REITs as a hedge against long-term inflation, while finance-savvy housewives share tips on cutting food costs to around 40,000 yen a month for a family of four and trimming fixed expenses. The topic also ties into debates in the extraordinary Diet session over economic measures.

Bitcoin is trading flat around $80,000 as investors digest hawkish signals from the US Federal Reserve and hotter-than-expected inflation data. The cryptocurrency is topping search charts across the UK, Germany, France, Spain and Canada, with traders weighing whether monetary policy headwinds will push prices lower or whether the market can hold current levels.

Reports are circulating that the Kremlin has been hit by its own ally, alongside unverified claims of up to two million casualties in Ukraine and a possible massive terrorist attack in Moscow. None of these claims are independently confirmed, and the figures cited appear highly inflated. The stories are spreading rapidly and drawing wide attention, but officials have provided no verification of any of the alleged events.

Mexican media report that President Claudia Sheinbaum has guaranteed the minimum wage will keep rising above inflation, with analysts projecting an increase of up to 12% in 2027. Some outlets warn the wage could exceed market-level pay rates, sparking debate over the impact on small businesses and hiring.

Forecasters report El Niño is strengthening and could persist into spring, with one study calling it extreme. A Federal Reserve analysis warns it could raise US inflation and boost jobs in 2027, while San Francisco prepares for possible Ocean Beach flooding along the Great Highway this winter. Officials and scientists are urging coastal communities to prepare for heavier storms and unusual weather impacts.

New consumer price index figures show UK inflation climbing to 3.5%, strengthening expectations that the Bank of England will raise interest rates. In the United States, inflation rose to 3.7%, with the Financial Times attributing the increase to rising prices driven by the war involving Iran. Commentators describe the American inflation trajectory as an unsteady landing.

Markets are holding steady ahead of the release of US consumer price inflation data. Gold prices were flat as traders held off on major moves, waiting to see whether inflation figures will influence the Federal Reserve's next policy decisions. The upcoming CPI report is expected to shape expectations for interest rates, making it a key focus for investors worldwide.

Brazil's Central Bank has decided to keep its basic interest rate unchanged, citing prevailing economic uncertainties. Commentator Alexandre Garcia discussed the decision, explaining that uncertainty over inflation and the economic outlook led policymakers to hold rather than adjust rates. The move keeps borrowing costs steady while the bank waits for clearer signs on prices before making its next move.