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.
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.
In a major diplomatic move, Australia signs a sweeping security agreement with the United Arab Emirates as the government intensifies pressure on supermarkets over cost of living concerns. Reserve Bank holds interest rates steady while political tensions
Federal Reserve Chairman Jerome Powell's firm indication that US interest rates will remain high for longer has triggered a sharp sell-off across Asian financial markets, with Tokyo's Nikkei leading the declines.
Australian inflation has cooled to its lowest level in over two years, offering a glimmer of hope for households battling the cost-of-living crisis. We break down what's getting cheaper and what's still burning a hole in your pocket.
Federal Reserve Chair Jerome Powell delivers unprecedented testimony, defending the central bank's autonomy amid mounting political pressure from the Trump White House over interest rate policy.
Former President Donald Trump's controversial nominee Stephen Miran faces congressional questioning over claims he attempted to influence Federal Reserve policy on interest rates during his tenure.
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.
Former President Trump's unprecedented attacks on the Federal Reserve's independence threaten to destabilise global markets and undermine a cornerstone of US economic policy.
Explosive developments in US politics as Donald Trump's tirade against Jimmy Kimmel leads to a major network suspension, while Federal Reserve Governor Lisa Cook faces a fiery congressional grilling over interest rates.
Wall Street and Asian markets rallied as Intel and Nvidia shares soared on AI optimism, while the Bank of Japan maintained its negative interest rates. Get the full analysis on the global market surge.
Former President Trump initiates a Supreme Court battle to block the renomination of Federal Reserve Governor Lisa Cook, setting up a major constitutional confrontation over presidential powers and central bank independence.
Federal Reserve Chairman Jerome Powell signals a prolonged period of high interest rates, sending tremors through Wall Street as he demands more evidence of cooling inflation, despite a softening job market.
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Discover the immediate impact on mortgages, savings, and the UK housing market amidst ongoing inflation concerns.
Asian stock markets plunged sharply as fears of prolonged high US interest rates triggered a global sell-off. The Bank of Japan's intervention and regional banking concerns amplify the financial turmoil.
Exclusive: Federal Reserve officials reveal plans to slow balance sheet reduction in strategic move to stabilise markets and address persistent inflation concerns.
Federal Reserve Chair Jerome Powell delivers a hawkish message, indicating that interest rate cuts are unlikely to begin in March, contrary to investor expectations. The central bank seeks more confidence that inflation is truly defeated.
The Federal Reserve's pivotal interest rate decision is set to ripple through the UK economy, impacting property prices, loan rates, pensions, and job security. Here’s your essential guide to navigating the financial fallout.
Nottingham-based Games Workshop enjoys stock boost as Federal Reserve holds interest rates, sparking global market rally and boosting UK retail investments.
In a significant move, NatWest and Royal Bank of Scotland have announced sweeping cuts to their fixed-rate mortgage deals, offering hope to borrowers amidst the cost-of-living crisis.
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.
US Federal Reserve Governor Stephen Miran has unexpectedly resigned after just 18 months, citing personal reasons. The departure fuels speculation about internal discord at the world's most powerful central bank.
Former President Donald Trump has pledged to fire Federal Reserve Governor Lisa Cook 'on Day One' of a potential second term, signalling an unprecedented assault on the US central bank's political independence and sending shockwaves through financial mark
Ex-President Donald Trump proposes a controversial economic strategy, linking high immigration to soaring inflation and outlining radical plans for his potential return to the White House.
Senior Federal Reserve governors have publicly challenged Donald Trump's economic agenda, warning his proposed policies could severely destabilise the US financial system and lead to dangerous political interference in central banking.
The US Federal Reserve pauses its aggressive rate-hiking campaign, signalling a potential turning point in the battle against inflation. We break down the impact on mortgages, savings, and the global economy.
JPMorgan Chase CEO Jamie Dimon has delivered a sobering assessment of the global economy, warning of a 'hard landing' and potential stagflation. The banking titan's comments signal turbulent times ahead for markets, interest rates, and government spending
Major Asian stock markets, including Tokyo's Nikkei and Hong Kong's Hang Seng, plunged sharply after US Federal Reserve signals dashed hopes for imminent interest rate cuts, mirroring a significant sell-off on Wall Street.
Exclusive analysis reveals a growing savings gap in the UK, with high street banks offering paltry returns while the best easy-access deals deliver 25 times more interest. Discover why loyal customers are losing out.
The latest US jobs report for August 2025 reveals a significant slowdown in hiring and a rise in unemployment, signalling a cooling labour market that could influence the Federal Reserve's next interest rate decision.
Donald Trump launches a blistering attack on Federal Reserve Chair Jerome Powell, accusing him of political bias and hinting at drastic action if re-elected. The former president also took aim at JD Vance and Hyundai in a wide-ranging economic tirade.