Category : Search result: inflation Australia


UK Inflation Rises, Halting Bank of England Rate Cuts

UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.

UK Inflation Rises to 2.5%, Dashing Rate Cut Hopes

In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo

Albanese's economic roundtable: subdued and quiet

Prime Minister Anthony Albanese's high-profile economic roundtable was notably subdued, with few fireworks or bold announcements. What does this mean for Australia's economic future?

Australia's average salary tops $100,000

New data reveals Australia's average salary has surpassed $100,000, sparking debates on wage growth, inflation, and living costs. Here's the full breakdown.

RBA cuts interest rates amid easing inflation

The Reserve Bank of Australia (RBA) has announced a cut in interest rates as inflation shows signs of easing. Governor Michele Bullock outlines the economic outlook.

Bank of England holds rates at 5.25%

The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly above target. Governor Andrew Bailey signals cautious optimism but warns of persistent risks.

The hidden risks of falling inflation

While lower inflation is often celebrated, its flip side—slow economic growth—could pose significant risks. Experts warn of potential pitfalls as Australia navigates this delicate balance.

Inflation figures to determine RBA rate cut

The Reserve Bank of Australia faces a critical decision on interest rates as new inflation figures set the stage for potential cuts. Experts weigh in on the economic outlook.

UK inflation surge deepens cost of living crisis

New figures reveal a sharp rise in UK inflation, intensifying the cost of living crisis and raising fears of further interest rate hikes. Experts warn of prolonged financial strain for households.

Inflation shock: UK prices rise to 3.6%

UK inflation unexpectedly climbs to 3.6%, dealing a blow to Chancellor Rachel Reeves and economists who predicted a slowdown. The surprise rise delays hopes for interest rate cuts and sparks fresh economic concerns.

UK inflation rises to 4% in December

UK inflation surges unexpectedly to 4% in December, driven by rising tobacco and alcohol prices. Experts warn of prolonged cost-of-living pressures as the Bank of England faces tough rate decisions.

BoE's Bailey warns against premature rate cuts

Andrew Bailey, Governor of the Bank of England, cautions against premature interest rate reductions, emphasising the need for sustained inflation control despite political pressures.

US stocks surge as inflation cools

Wall Street rallies as US inflation data fuels optimism, with the Dow Jones and Nasdaq Composite hitting record highs. How will this impact London and global markets?

US Inflation Cools as Trump Tariffs Loom

New data shows US inflation easing in June, but economists warn Trump’s proposed tariffs could reverse progress. Here’s how it impacts markets and consumers.

US inflation rises as Trump tariffs take effect

Fresh data shows US inflation climbing in June, driven by Trump's aggressive trade policies. Experts warn of global economic ripple effects, including potential impacts on British markets and consumers.

Trump's Economy Hit by Soaring Grocery Prices

As inflation continues to surge, grocery prices skyrocket, dealing another blow to Trump's economic record. Experts warn of prolonged financial strain for households.

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