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Bureau of Labor Statistics canceled release of October’s consumer price index, citing the government shutdownThe US federal government will not publish official data on inflation for October, depriving policymakers at the Federal Reserve of key informa…
Officials are reportedly taking their time on US president’s long-promised chips plan to avoid a rupture with ChinaUS officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centerpiece o…
Rachel Reeves hints there will be budget measures to push down prices and Bank of England is likely to actUK inflation eases to 3.6% before crunch budgetBusiness live – latest updatesAfter three months on a high plateau, inflation is beginning to ease …
Drop in October’s annual rate raises hopes of interest rate cut after Rachel Reeves’s tax and spending statementFall looks like turning point that heralds interest rate cutBusiness live – latest updatesUK inflation fell to 3.6% in October, easing the p…
Public spending can drive inflation, but from healthcare to education, Australians expect more and better public services – and Labor providedGet our breaking news email, free app or daily news podcastInflation is back, rate cuts are off the menu, and …
Close-run vote raises hopes of rates cut in December, with inflation now having peaked at 3.8%Business live – latest updatesThere were reasons to be cheerful contained within the Bank of England’s latest verdict on the outlook for the UK economy, relea…
Boss of supermarket urges Rachel Reeves not to fuel inflation with tax rises on retailers and suppliersThe boss of Sainsbury’s has urged Rachel Reeves not to fuel inflation with tax rises on retailers and their suppliers and says shoppers are delaying …
We now know that the central bank doesn’t think inflation will be back in its 2 to 3% target range until 2027Get our breaking news email, free app or daily news podcastHigher inflation for longer is likely to rule out any further rate cuts, with the Re…
Reserve Bank’s decision to leave cash rate on hold was widely expected and major banks predict no interest rates cut until 2026Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve …
Key deposit rate kept at 2% even as recovery starts to drive up price growth across blocBusiness live – latest updatesThe European Central Bank kept interest rates on hold on Thursday for the third meeting in a row despite concerns that a modest econom…