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Consumer price index rose 2.7% in year to December, in line with November, as president feuds with Fed over rate cutsUS politics live – latest updatesUS inflation held firm last month as Donald Trump faces mounting pressure over the cost of living for …
White House is meanwhile facing questions about an apparent embargo breach over Trump’s social media postHiring held firm in the US last month, official data showed, amid uncertainty over the strength and direction of the world’s largest economy.Employ…
Costs, insurance delays and difficult-to-obtain mental health treatment plague the US health system A record 23 % of Americans believe the United States healthcare system is “in a state of crisis” and 47% think it has “major problems,” according to a r…
Can inflation be tamed without further interest rate hikes? And will the hot streak for gold and silver continue in 2026?Get our breaking news email, free app or daily news podcastThe Australian share market delivered a 6.8% return in 2025, representin…
In an unusual turn, the central bank’s board debated over monetary policy before the latest quarter-point cutThe US Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the US ec…
As Trump’s tariffs take effect, Britain is likely alternative destination for cars, telecoms and sound equipmentBusiness live – latest updatesThe UK is poised for an influx of cheap Chinese imports that could bring down inflation amid the fallout from …
Longest federal government shutdown meant data was only collected for second half of NovemberUS prices rose 2.7% in the year to November, according to federal data released a day after Donald Trump claimed they were falling “very fast” on his watch.The…
Quarter-point cut widely forecast in City following steep fall in inflation and weak economic dataThe Bank of England has cut interest rates by a quarter point for the fourth time this year, delivering a pre-Christmas boost to the struggling UK economy…
Monetary policy committee, cautious in recent months, expected to respond with cut in interest ratesUK inflation falls sharply to 3.2%Business live – latest updatesThe sharper-than-expected drop in UK inflation to 3.2% last month has eliminated any lin…
Drop in November annual rate adds to case for Bank of England cut to interest rates on ThursdayBusiness live – latest updatesUK inflation fell by more than expected in November amid a slowdown in food prices, official figures show, strengthening the ca…