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.
Category : Search result: RBA inflation forecast
Australia's Hidden Jobs Crisis Worries Economists
New analysis reveals Australia's rising unemployment figures mask a deeper economic concern as underemployment and multiple job-holding surge, creating what experts call a 'messy' and worrying trend.
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.
IMF warns of 'turbulent decade' for global economy
The International Monetary Fund warns of sustained economic turbulence with downgraded growth forecasts and rising geopolitical tensions threatening global stability.
IMF Slashes UK Growth Forecast in Blow to Starmer
The International Monetary Fund's stark growth downgrade exposes the economic challenges awaiting Labour's new government, with inflation concerns and fiscal constraints threatening Keir Starmer's ambitions.
UK Has Worst Inflation Among Advanced Economies
Exclusive analysis reveals Britain is suffering the worst inflation among world's wealthiest nations, with families facing unprecedented cost of living pressures as prices continue to soar.
UK Supermarket Price Shock: How Shoppers Are Coping
Exclusive investigation reveals the true impact of Britain's cost of living crisis as supermarket prices continue to climb, forcing families to make difficult choices.
Tesco sales jump as grocery inflation persists
Britain's largest supermarket Tesco reports strong sales growth as consumers flock to value ranges, while Asda sees inflation ease but food prices remain high across UK supermarkets.
Polar Vortex Weakening: UK Faces Colder Winter
Meteorologists warn of a potentially severe British winter ahead as the Polar Vortex shows signs of weakening, threatening plunging temperatures and increased snowfall from December through February.
UK Snow Alert: Exact Dates for Widespread Snow Revealed
Meteorologists warn of significant snowfall hitting multiple UK regions next week, with freezing temperatures and travel disruption expected across the country.
RBA: Housing crisis driven by supply shortage, not rates
Reserve Bank Governor Michele Bullock challenges critics, arguing Australia's housing affordability crisis stems from chronic undersupply rather than monetary policy decisions.
UK Snow Chaos: Heavy Blanket Disrupts Travel
Britain braces for significant snowfall with up to 15cm expected in northern regions, prompting Met Office weather warnings and potential travel disruption across the country.
JPMorgan CEO Dimon Issues Recession Warning
JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.
Bank of England failing on food inflation - ex-official
Exclusive: Former Bank of England policymaker reveals institution is 'failing to grasp' the severity of food price inflation, drawing parallels to Alan Greenspan's historic errors in monetary policy.
UK Braces for -10°C Arctic Blast and Snow
New weather maps show a dramatic temperature plunge is coming to the UK, with parts of Scotland facing -10°C lows and widespread snow expected across northern regions within days.
UK Braces for Winter Snow and Storms
The Met Office warns of disruptive winter conditions sweeping across the UK, with heavy snow, powerful storms, and plunging temperatures set to cause widespread travel disruption and power outages from next week.
New weather maps reveal exact date Arctic blast hits UK
Fresh weather maps indicate Britain is set for a dramatic temperature plunge as an Arctic blast sweeps across the country, bringing potential snow and freezing conditions to multiple regions.
RBA Bets Against Rate Cut Despite Economic Signals
The Reserve Bank of Australia appears poised to pause interest rate cuts, signalling confidence in the economy despite contradictory data. Analysis suggests the RBA believes current conditions are stronger than indicators show.
RBA holds rates amid economic uncertainty and China tensions
The Reserve Bank maintains interest rates amid global economic uncertainty and domestic inflation concerns, while Australia faces diplomatic challenges with China and environmental crises.
RBA Holds Interest Rates Steady Amid Political Pressure
The Reserve Bank of Australia has maintained its current interest rate stance, opting for caution amid economic uncertainty despite political tensions. Analysis reveals the central bank's delicate balancing act between inflation concerns and economic grow
RBA holds rates at 12-year high, mortgage pain continues
The Reserve Bank of Australia maintains cash rate at 4.35% for seventh consecutive meeting, dealing another blow to struggling mortgage holders despite easing inflation pressures.
Britain to be worst G7 economy in 2025, OECD warns
A damning OECD forecast predicts Britain will be the weakest economy among G7 nations next year, with growth projections slashed amid persistent inflation and political stagnation.
OECD: UK to Lead G7 Growth in 2025 as Inflation Falls
The Organisation for Economic Co-operation and Development predicts the UK will be the fastest-growing economy in the G7 next year, with inflation expected to return to the Bank of England's 2% target. Chancellor Jeremy Hunt welcomes the 'major improvemen
RBA Chief: Inflation Crisis Far From Over
Reserve Bank of Australia Governor Michele Bullock delivers a sobering message to Australians, warning that the cost-of-living crisis is far from over and high prices may persist, dashing hopes for near-term relief.
Greggs & Pret Prices Soar Amid UK Food Inflation
New data reveals sharp price increases for UK lunchtime staples. Greggs sausage rolls and Pret's meal deals hit record highs as retailers grapple with persistent inflation pressures.
Climate Change Wipes Billions from Australian Property Values
Exclusive report reveals climate change is no longer a future threat but a present financial crisis, devaluing properties and making insurance unaffordable across Australia.
Bank of England holds interest rates at 5.25%
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.
Bank of England holds rates at 5.25% amid inflation concerns
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation remains stubbornly above target, despite economic slowdown signals.
Powell Warns: High Inflation to Delay Rate Cuts
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
UK Inflation Stuck at 3.8% in August
New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.
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