Fed holds interest rates steady even as inflation remains stubborn
The Federal Reserve opted to leave its benchmark interest rate unchanged — but investors widely expect the central bank to raise rates at its next me...
Jim Chalmers is blaming Australia’s accelerating inflation on Trump – but voters aren’t buying it
As next week’s all-but certain rate rise looms, there is one thing we can all agree on: the end of war in the Middle East can’t come soon enoughJim Ch...
Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year
CPI release comes ahead of Reserve Bank decision next week as the Middle East conflict intensifies the cost of living crisisAustralia’s headline infla...
Australian politics live: inflation expected to rise to 4.2%; eSafety head’s warning about women in senior roles
Follow live updatesGet our breaking news email, free app or daily news podcastGood morning and welcome to our live news blog. I’m Martin Farrer with t...
UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises
British Retail Consortium says ‘dam is starting to break on the huge wave of costs’ being kept from consumersShop price inflation has risen to the hig...
UK inflation rises by more than expected to 3.5% as war drives up fuel prices
Increase in annual price growth in September comes amid fears rate will breach 4% next yearBusiness live – latest updatesUK inflation climbed by more ...
Odds of fifth interest rate hike this year likely to shorten as RBA deputy warns inflation outlook ‘worsening’
Andrew Hauser says the central bank faces ‘hard choices’ as it looks to balance the risks of entrenched inflation with the desire to protect the labou...
Tech market sell-off deepens amid fears over US inflation and AI debt
Chip makers and tech investors such as Samsung and SoftBank plunge as global investors fret over potential interest rate hikesBusiness news – live upd...
UK households have paid extra £13,961 on bills since 2021 amid soaring inflation, TUC says
Trades Union Congress urges chancellor to tackle rising additional living costs in this month’s budgetUK households have paid almost £14,000 on averag...
Inflation sizzled in September -- and Social Security benefits will get a boost
Consumer prices in September jumped 3.7% from a year ago. The Social Security Administration said benefits will increase next year to help keep pace ...
US inflation rose to 3.7% in September, figures show
Final inflation report before midterms comes as polls show widespread anger over cost of living under TrumpRepublicans are entering the midterm electi...
UK shoppers seek deals as grocery price inflation rises again
Supermarkets use special offers to draw in sales, while more people buy Halloween products early this yearBusiness live – latest updatesUK grocery pri...
Good news in US inflation report boosts chances Fed won’t hike rates
Traders see an about 35% chance of an October rate hike, down from about 45% following White House pressureGood economic news boosted Wall Street’s m...
Inflation leaps to 4% stoking fears of fifth interest rate hike before Christmas
Jim Chalmers says ‘higher global oil prices flowing through to oil prices in Australia’ are to blame for inflation rising from 3.5%Follow our Australi...
Danger zone: why war in the Middle East has landed the RBA’s inflation fight in tricky territory
The Reserve Bank appears ready to push harder against inflation but it comes with a greater risk for the economyThe fight against inflation has entere...
Bank of England holds interest rates at 3.75% despite rising inflation
Policymakers keep steady course as jobs market comes under strain and Iran war pushes up energy costsBusiness live – latest updatesThe Bank of England...