Category : Search result: RBA inflation forecast


UK Inflation Holds Steady at 3.8% in July

UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.

UK Inflation Plunges to 2.3%, Nearing BoE Target

In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi

UK inflation holds at 3.8%, Reeves faces budget warning

UK inflation remains stubbornly high at 3.8% in September, posing significant challenges for Chancellor Rachel Reeves as she faces warnings of a £24 billion budget shortfall and tough economic decisions ahead.

RBA: Cost-of-living pain to continue through 2024

The Reserve Bank of Australia issues a sobering alert that the cost-of-living crisis is far from over, with persistent high inflation and interest rates set to continue pressuring family budgets well into the new year.

UK Food Inflation Could Hit 15% This Summer

Shoppers across the UK face a severe cost of living squeeze as new analysis warns grocery inflation could surge to 15% this summer, adding hundreds of pounds to annual food bills.

UK Economic Crisis: Inflation Soars to 40-Year High

The UK faces a deepening economic crisis as inflation hits a 40-year high, the pound sterling crashes, and the Bank of England scrambles to stabilise markets. This comprehensive analysis examines the causes and potential consequences for British household

UK Food Inflation Soars Above Germany and Spain

Exclusive analysis reveals UK food inflation is significantly higher than in Germany, Spain, and France, placing immense strain on British households and raising questions about post-Brexit trade impacts.

RBA to Ban Card Surcharges, Banks Fight Back

The Reserve Bank of Australia plans to eliminate debit and credit card surcharges, facing fierce opposition from major banks who warn of unintended consequences for consumers and businesses.

US Inflation Outpaces Wages, Census Data Reveals

Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.

580-Mile 'Wall of Rain' Forecast to Hit UK

The Met Office has issued severe weather warnings as a colossal 580-mile band of torrential rain is forecast to drench the UK, bringing a risk of flooding and travel chaos.

Australians Cash In On Record Gold Price Surge

Soaring global gold prices have triggered a selling frenzy across Australia, with households and investors rushing to cash in on jewellery, coins, and bullion. Discover the economic forces behind the surge and what it means for the global market.

Hurricane Kiko's Path: Spaghetti Models Show Hawaii Threat

Meteorologists are closely monitoring Hurricane Kiko's trajectory as it churns in the Pacific. Latest spaghetti models reveal a potential path towards Hawaii, prompting early warnings. Get the full forecast and analysis.

Arctic Blast To Bring Snow & Freeze To UK This Week

Brits are set for a dramatic temperature plunge as a bitter Arctic front is forecast to sweep across the country, bringing wintry hazards and a hard frost just days after unseasonable warmth. Get the full forecast and regional breakdown.

La Niña Alert: UK Braces for Harsh Winter

The Met Office confirms a La Niña weather event is developing, setting the stage for a potentially harsh UK winter with increased risks of cold snaps, powerful storms, and flooding in the coming months.

Met Office Urgent Rain Warning: Flood Risk for UK

The Met Office has issued severe yellow weather warnings for heavy rain across parts of England and Wales, with potential flooding and major travel disruption expected until Thursday.

UK Winter Forecast: Bitter Cold and Heavy Snow Predicted

The iconic Old Farmer's Almanac has released its winter forecast, predicting a season of unusually cold temperatures, significant snowfall, and powerful storms for the United Kingdom, urging Britons to prepare for a harsh season ahead.

Trump's Economic Agenda Sparks Inflation and Recession Fears

Former President Donald Trump's radical economic proposals, including universal tariffs and mass deportations, are raising alarm among economists and business leaders who warn of severe inflationary pressure and market instability.

UK Summer Air Fares Soar Amid Inflation Surge

Official figures show a dramatic surge in UK air fares this summer, with prices skyrocketing due to persistent inflation and soaring jet fuel costs. Discover what's driving the increase and how it's affecting holidaymakers.

African Plume Heatwave: 30°C Forecast for UK in July

Exclusive long-range forecast predicts a major heatwave hitting the UK in mid-July, with temperatures potentially soaring to 30°C as an 'African plume' sweeps across the country. Get the full breakdown and regional outlook.

UK Food Inflation Crashes to 18-Month Low

In a major relief for households, UK food inflation has dropped to its lowest level since January 2023. We break down which grocery prices are falling fastest and what it means for your weekly shop.

UK Retail Sales Crash Amid Soaring Inflation

New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.

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