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CPI figures released on Wednesday will determine whether millions of mortgaged Australians will get a rate cut next month, economists sayGet our breaking news email, free app or daily news podcastConsumer price figures released on Wednesday will determ…
Exclusive: Increasingly extreme weather a threat to production and supply chains in Britain and elsewhere Britain is at risk of a worsening “climateflation” crisis amid the fallout from increasingly extreme weather that could drive up food prices by mo…
The White House is trying to drive out the Federal Reserve chair. Critics warn it would be a costly bid to pass the buckMemo from the White House: inflation is “right on track”, it declared this week, citing the latest official data. Price growth is no…
ONS data shows jobless rate climbing to highest rate since June 2021 with growth in average earnings slowing to 5%.Analysis: the UK jobs market is cooling, not collapsingBusiness live – updatesUnemployment climbed and wage growth slowed in the three mo…
Analysts say pressure will be on Bank to keep interest rates higher for longer, as consumers’ mood stays gloomyUK inflation rises unexpectedly to 3.6%Business live – latest updatesFor anyone hoping the Bank of England will pick up the pace of interest …
Annual increase in June follows warnings about increase in employment taxes leading to job cuts and higher pricesAnalysis: UK inflation rise makes it clear: the cost of living crisis has not gone awayBusiness live – latest updatesUK inflation unexpecte…
Inflation remains far below the peaks seen three years ago, when price increases reached as high as 9%Inflation shot up in June as the impacts of Donald Trump’s tariffs slowly started to show in US prices.Business leaders have said for months that the …
Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladderBusiness live – latest updatesThe Bank of England has rolled out looser mortgage rules that policymakers hope will help 36,000 more first-…
Decision will come as shock to financial markets and large majority of experts who were sure RBA board would cut for a second straight meetingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podc…
Rising fruit and vegetable prices contribute to jump in annual food price inflation in June to 3.7%Britain’s largest retailers are warning that food prices are being driven up by hot weather hitting harvest yields, as the latest UK heatwave pushes temp…