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Forecasts show underlying inflation within Reserve Bank’s 2-3% target range six months earlier than expected in prediction that will add to calls for another interest rate cut Federal budget 2025 LIVE updates: Australia government budget announcement a…
Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospectsBank of England says companies freezing hiring plans as it keeps interest rates on holdBusiness live – latest updatesBank of England policyma…
Central bank pauses rate cuts as UK economy struggles and Trump tariffs hit world economyBusiness live latest updatesThe Bank of England has kept interest rates on hold at 4.5% amid rising global uncertainty and concerns over stubbornly high inflation….
Unemployment remains level in January, but has risen over the past six monthsBusiness live latest updatesPay growth remained high at 5.8% in the three months to January, according to official data, maintaining the pressure on Bank of England policymak…
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?Monetary policymakers on both sides of the Atlantic will be considering how seriously to take Donald Trump’s threats of …
ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statementAnalysis: Shrinking economy an unhelpful backdrop for Reeves’s growth pushBusiness live – latest updatesThe UK economy contracted by 0.1% in Janu…
Quarter-point cut to deposit rate, to 2.5%, comes as Trump prepares to impose tariffs on EU exports to USBusiness live – latest updatesThe European Central Bank has cut interest rates across the 20-member eurozone for the second time this year, and war…
Dave Ramsden said gradual and careful approach needed to balance inflation risks and interest rate cutsBusiness live – latest updatesBank of England policymakers must proceed cautiously – like mountaineers – as they cut interest rates in the months ahe…
This blog is now closedCommercial flights diverted as Chinese warships undertake apparent live-fire drill in sea between Australia and New ZealandGet our breaking news email, free app or daily news podcastVictoria to offer contactless public transport …
Annual CPI inflation rate hit 10-month high in January in blow to ministers amid rise in food bills and fuel costsAnalysis: Bank of England faces bumpier road after inflation acceleratesBusiness live – latest updatesUK inflation accelerated faster than…