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New RBA governor says she’s working with treasury to ‘modernise and clarify’ the bank’s objectives with the focus still on inflationGet our morning and afternoon news emails, free app or daily news podcastThe RBA has ruled out setting an employment tar…
Policymakers expected to keep rates at 5.25% after official figures show rise in UK unemployment Analysis: Change to jobs market data could not come at worse time for Bank of EnglandBusiness live – latest updatesBank of England policymakers are expecte…
Costs could rise as conflict between Israel and Hamas in the Middle East worsens, Jim Chalmers warnsGet our morning and afternoon news emails, free app or daily news podcastAustralians are feeling the impact of inflation at the petrol pump with the lat…
Annual report notes Philip Lowe and Michele Bullock’s remuneration increase was recommended by an independent committeeFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Re…
Huw Pill raises possibility of fresh interest rate rise, saying war between Israel and Hamas may affect oil priceBusiness live – latest updatesThe Bank of England has more “work to do” to ensure inflation is brought back under control, Threadneedle Str…
Huw Pill raises possibility of fresh interest rate rise, saying war between Israel and Hamas may affect oil priceBusiness live – latest updatesThe Bank of England has more “work to do” to ensure inflation is brought back under control, Threadneedle Str…
Fall from 6.7% in August signals prices are still rising as higher cost of oil feeds throughHeadline inflation eased again in September, official figures are expected to show this week, while pay growth is slowing.Economists polled by Refinitiv expect …
Swati Dhingra says economy has flatlined and millions of mostly young and poorer people could be affected if rates stay highBusiness live – latest updatesThe economy has flatlined and only a quarter of the impact from the Bank of England’s 14 consecuti…
Rise in GDP fuelled largely by services sector follows contraction of 0.6% in JulyThe UK economy grew by 0.2% in August, according to official figures.The main driver of growth was the services sector, which grew by 0.4%, the Office for National Statis…
Britain faces ‘fairly subdued’ growth and ‘persistent’ inflation, global economic health check findsBusiness live – latest updatesThe Bank of England will need to keep interest rates high into 2024 as the UK struggles with a combination of weaker growt…