Category : Search result: inflation target


RBA Holds Rates as Inflation Surprise Rattles Economy

The Reserve Bank of Australia maintains current interest rates despite unexpected inflation data, signalling cautious optimism amid economic uncertainty. Analysis of what this means for mortgages and the broader economy.

Liberal MPs push Sussan Ley to abandon net zero pledge

Deep divisions emerge within Australia's Liberal Party as conservative MPs demand Environment Minister Sussan Ley dump the net zero emissions commitment, fearing the 'tail is wagging the dog' on climate policy.

Aztec Artefacts Found in Minneapolis Target Store

A Minneapolis Target store was abruptly evacuated after employees discovered what appeared to be pre-Columbian Mexican artefacts in a staff break room, sparking a major police response and archaeological investigation.

Australian Nationals abandon net zero target

In a dramatic shift, Australia's National Party has voted to remove its net zero emissions target from official policy, sparking political turmoil and environmental concerns.

Labour's 1.5M Homes Target Failing, Warn Builders

Britain's top housebuilders deliver stark warning to Chancellor Rachel Reeves that planning reforms and economic pressures threaten to derail Labour's flagship housing pledge, dealing another blow to the government's Budget plans.

Amazon, UPS and Target Slash Thousands of Jobs

In a dramatic start to 2024, retail and logistics giants including Amazon, UPS and Target announce significant workforce reductions, signalling ongoing economic turbulence.

UK Food Price Shock: Supermarket Bills Soar

British households are confronting unprecedented food price increases as new data reveals shocking rises in everyday essentials. Discover which items have seen the biggest jumps and why experts warn the crisis is far from over.

Target slashes 1,800 jobs in shock Wall Street move

American retail giant Target abruptly eliminates 1,800 positions in latest corporate restructuring, sending shockwaves through financial markets and raising concerns about UK retail sector stability.

Labour may abandon 2030 clean power pledge

Exclusive: Sir Keir Starmer faces accusations of a major policy U-turn as Labour reportedly prepares to ditch its flagship commitment to decarbonise Britain's electricity grid by 2030, sparking internal party turmoil.

Henry Backs Gyokeres as Arsenal's Striker Solution

Arsenal legend Thierry Henry has thrown his weight behind Sporting Lisbon's Viktor Gyokeres as Mikel Arteta's potential solution to the Gunners' striking woes. The Swedish sensation's remarkable goal-scoring form has caught the eye of the Emirates hierarc

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.

Target sued over customer slip on spilled milkshake

Retail giant Target confronts legal action after a customer suffered severe injuries from slipping on a spilled milkshake in their Winter Garden, Florida location, raising questions about store maintenance protocols.

Rangers boss reveals non-negotiable Celtic demand

Interim Rangers manager Steven Smith reveals the one demand that's absolutely non-negotiable for the club as Australian coach Kevin Muscat edges closer to taking over at Ibrox Stadium.

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.

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.

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.

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