Fed Holds Rates Steady, Seeks More Inflation Progress
Jerome Powell signals Federal Reserve will maintain current interest rates despite cooling inflation, requiring more evidence before considering cuts as labour market remains strong.
Category : Inflation
Chalmers' economic mistake threatens Australian recession
Exclusive analysis reveals how Jim Chalmers' economic strategy is backfiring, creating a perfect storm of inflation and stagnation that could plunge Australia into recession. Experts warn of dire consequences for households and businesses.
Australian inflation drops to 4.2% - lowest in 2 years
Australian inflation cools to 4.2% in October, offering hope to households amid cost-of-living crisis. The Reserve Bank's interest rate pause appears to be working, but economists warn the fight against rising prices continues.
Australia's inflation surges to 3.7%, dashing rate cut hopes
Fresh economic data reveals Australia's inflation rate accelerated to 3.7% in September, dealing a blow to hopes of imminent interest rate relief and putting pressure on household budgets.
Albanese Confronts Inflation Crisis and Political Pressure
Prime Minister Anthony Albanese confronts mounting pressure as new inflation data reveals economic challenges, while Victoria's flooding emergency and diplomatic tensions at the APEC summit dominate Australia's political landscape.
Rachel Reeves: Brexit not main cause of UK inflation
Shadow Chancellor Rachel Reeves challenges claims that Brexit is driving UK inflation, arguing global pressures are the real culprit while suggesting closer EU ties could bring economic benefits.
Australia forces banks to maintain cash services
The Australian government announces sweeping new regulations forcing banks to maintain cash services nationwide, protecting vulnerable communities and regional areas from banking deserts.
UK Retail Inflation Crisis: Businesses Demand Budget Help
British retailers warn of persistent inflationary pressures as they urge the Chancellor for decisive action in the upcoming budget to address rising business costs and support struggling high streets.
Labour's driving cost surge threatens motorists
Exclusive analysis reveals how Labour's tax policies could hammer British drivers with increased fuel duty, road pricing and higher parking charges, adding hundreds of pounds to annual motoring costs.
Rachel Reeves' inflation challenge: Can she tame rising prices?
As inflation continues to squeeze British households, Chancellor Rachel Reeves faces mounting pressure to deliver solutions. Explore the economic challenges and potential strategies being considered in Westminster.
2026 Social Security COLA Rise Sparks Pensioner Fury
Millions of UK pensioners face financial turmoil as the projected 2026 Social Security COLA rise sparks outrage. Discover why experts warn this isn't enough to combat rising living costs.
Why your grocery bill keeps climbing despite falling inflation
British shoppers face relentless price hikes at supermarkets as food inflation persists despite overall economic improvements. Discover which everyday items are hitting your wallet hardest.
Trump attacks Biden over inflation figures
Donald Trump capitalises on latest US inflation data to launch blistering attack on Biden's economic record, as political battle over economy intensifies ahead of potential election rematch.
Soaring restaurant prices force Brits to dine out less
New YouGov research reveals how escalating restaurant costs are transforming British eating habits, with millions cutting back on meals out as inflation bites the hospitality sector.
UK inflation holds at 6.7% as prices remain stubborn
September's inflation rate holds at 6.7% despite predictions of a fall, as rising petrol costs and persistent food prices squeeze British households.
London inflation hits 2.1%, outpacing UK average
New data reveals London's inflation rate has surged to 2.1%, outpacing the UK average and putting additional pressure on household budgets across the capital.
UK Inflation Drops to 2.3% - Lowest Since 2021
UK inflation drops closer to Bank of England's 2% target, hitting 2.3% in April - the lowest level in nearly three years. Discover what this means for interest rates and household budgets.
Inflation Crisis Deepens: Reeves Faces Budget Pressure
New inflation data reveals persistent price pressures, putting Chancellor Rachel Reeves under intense scrutiny ahead of crucial budget decisions. Discover how rising costs are impacting British households and what it means for the economy.
UK Inflation Plummets to 2% Target
In a dramatic economic turnaround, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years, sparking speculation about imminent interest rate cuts and relief for households.
UK inflation falls to 2% target
Inflation has hit the Bank of England's 2% target for the first time in nearly three years, putting pressure on policymakers ahead of Thursday's crucial interest rate announcement.
Australia's inflation surges to 4.3% amid cost of living crisis
New data reveals Australia's inflation has surged to 4.3%, intensifying the cost of living crisis. Meanwhile, political tensions rise over migration policies and environmental concerns mount over Santos's Barossa gas project.
5 million Brits in debt for basic necessities
Shocking new data shows 5 million Brits have borrowed money for essentials as energy bills and food prices soar, with debt advice demand hitting unprecedented levels.
Hunt's Inheritance Tax Shake-Up: Budget Changes Explained
Chancellor Jeremy Hunt announces major inheritance tax reforms in Spring Budget, potentially saving families thousands. Discover how the new rules affect pensions, savings, and wealth transfer across generations.
UK Inflation Hits 2% Target for First Time Since 2021
Britain's inflation rate has dramatically fallen to the Bank of England's 2% target, reaching its lowest level in nearly three years. Discover how this economic milestone affects mortgages, savings, and the cost of living crisis.
Bank of England Holds Interest Rates at 5.25%
The Bank of England maintains interest rates at 5.25% despite falling inflation, with policymakers divided on the timing of future cuts as economic uncertainty persists.
Trump leads Biden on inflation trust despite price surge record
Exclusive polling reveals a startling disconnect as American voters show greater confidence in Donald Trump's ability to handle inflation, even though living costs surged dramatically during his presidency.
UK Inflation Fears Persist Despite Economic Improvements
Exclusive polling reveals UK households remain deeply pessimistic about the economy and personal finances, with inflation concerns persisting despite official figures showing price rises are slowing.
Martin Lewis: Claim £10,000 Marriage Tax Allowance Now
Money Saving Expert Martin Lewis reveals how thousands could claim up to £10,000 in marriage tax allowance before time runs out. Essential reading for married couples and civil partners.
Weekly food shop prices hit record high in UK
British households face unprecedented pressure as grocery prices surge 15.7% annually, with essentials like milk, butter and cheese seeing the sharpest increases. New data reveals the ongoing cost-of-living crisis is far from over.
Martin Lewis: Urgent ISA Warning Before Labour Tax Changes
Money Saving Expert founder reveals crucial ISA deadline and explains how Rachel Reeves' potential tax changes could affect your savings. Essential reading for UK investors.
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