Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK
Iran war and turbulent global bond markets add to pressure as rate decisions loom this week in major western economiesEconomics viewpoint: perilous UK...
The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way
The breakdown of the US-Iran ceasefire, rising oil prices and the explosion in data centre investment are making the central bank’s task harderFollow ...
Global bond sell-off intensifies as US-Iran tensions stoke inflation fears
UK borrowing costs driven up, adding to challenges facing John Healey as he prepares for first budgetBusiness live – latest updatesThe global governme...
Fed's Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming
Fed Chair Kevin Warsh reiterated his commitment to fighting inflation in a major speech — raising expectations that rate hikes may be coming, though h...
Fed chair addresses inflation and says central bank’s job is ‘to deliver stable prices’
However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubbornThe US Federal Reserve is not done fight...
Fears grow for fourth rate hike after higher than expected July inflation rate
ABS says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hikeFears are growing that the Reserve ...
New Fed chair faces critical test at Jackson Hole as inflation fears mount
Investors will hope Kevin Warsh offers ‘comfort blanket’ at annual meeting of central banks amid bond market anxietyThe new US Federal Reserve chair, ...
US treasury doubles debt buyback to steady bond market amid inflation fears
Yields, at recent highs this week, dropped after treasury’s vow to ‘provide greater liquidity support’ to bond marketThe US treasury is doubling its b...
Rising inflation underlines scale of Andy Burnham’s cost of living challenge
PM’s plan to shield households from more pressure risks being overwhelmed by wider price risesUK inflation rises to 2.9%Business live – latest updates...
UK inflation rises to 2.9% as Iran war fuels living costs squeeze
Higher energy costs push up CPI but jobs slowdown could deter Bank of England from raising interest ratesUK inflation rose to 2.9% in July as the impa...
New UK cost of living crisis looms with soaring energy bills forecast to lift inflation
Latest reading on Wednesday likely to frame scale of challenge for new PM to ease pressures on households amid Iran war fallout British households are...
Inflation eased slightly in July. And, ICE plans to give officers electric shock gloves
Inflation cooled a bit last month, according to a new report from the Labor Department. And, ICE plans to equip its officers with electric shock glove...
Inflation eases in July as gasoline and grocery prices fall
Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel ...
US economy grows sluggish 1.5% in second quarter as inflation tops Fed target
Consumer spending remained resilient even as policymakers kept interest rates on holdThe US economy expanded at a sluggish 1.5% pace from April throug...
Bank of England holds interest rates at 3.75% as inflation fears mount
Split vote comes as Iran war is rekindled and oil price climbs back above $90 a barrelThe Bank of England has kept UK interest rates on hold as fears ...
‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders
ABS data shows inflation still too high but tracking lower than anticipatedAustralian mortgage-holders have “dodged a bullet’, with the Reserve Bank n...
Potential for first Australian oil refinery in 60 years as treasurer braces for inflation from Middle East war
Commonwealth and Western Australia to fund study into construction of large-scale petrol refinery as buffer against fuel vulnerabilityGet our breaking...
