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August 28, 2025

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Inflation

As Trump’s tariff regime becomes clear, Americans may start to foot the bill

Every company at every stage of the supply chain will try to pass on the cost of US tariffs, as much as possibleBurying the hatchet with Brussels, Donald Trump – flanked by the leader of the European Commission – hailed a bold new era of transatlantic …

July 29, 2025
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Indebted homeowners cry out for relief but RBA won’t be rushed as key inflation data looms

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…

July 28, 2025
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‘Climateflation’ could push up UK food prices by more than a third by 2050, report says

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…

July 28, 2025
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Are US tariffs starting to bite? Trump, in denial over rising prices, targets Fed chief Powell

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…

July 19, 2025
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UK unemployment rises and wage growth slows as jobs market ‘weakens’

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…

July 17, 2025
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UK inflation rise makes it clear: the cost of living crisis has not gone away

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 …

July 16, 2025
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UK inflation rises unexpectedly to 3.6% driven by food and fuel prices

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…

July 16, 2025
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US inflation rose in June as Trump’s tariffs start to show in prices

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 …

July 15, 2025
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Bank of England rolls out looser mortgage rules to help first-time buyers

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-…

July 9, 2025
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RBA interest rates: Reserve Bank of Australia leaves cash rate on hold at 3.85%

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…

July 8, 2025
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