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inflation

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September consumer confidence falls the most in three years

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Consumers' view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and...
Bussiness

Reeves vows to ‘bury Tories’ over economy but faces accusations over blackhole

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RACHEL Reeves has vowed to “bury the Tories” over the state of the economy – but faces accusations of inventing the £22 billion blackhole.The...
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Public sector pay deals risk keeping ‘mortgage costs higher for longer’

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Junior doctors were given a 22pc pay rise, while train drivers have...
Bussiness

The real reason Andrew Bailey should be out of a job

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As the Bank of England maintains its high interest rates, it is...
Bussiness

Bank of England presses pause on rate cuts, highlights ‘gradual approach’

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Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary...
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Bank of England votes to keep interest rates at 5% due to ‘stubborn’ inflation

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The Bank of England has voted to keep the base rate at five per cent in a blow to borrowers, particularly those with mortgage...
Bussiness

US Fed cuts rates by larger than usual half-percentage point

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Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this yearThe United States Federal Reserve...
Bussiness

The painful price rise that may cost Britain another interest rate cut

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The Bank of England cut interest rates for the first time in...
Bussiness

Inflation update: CPI rate UNCHANGED at 2.2% with Bank of England in ‘strong position’ to cut rates

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Inflation for the 12 month to August 2024 remained unchanged from the previous month of 2.2 per cent, according to figures from the Office...
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It’s a big week for central banks around the world, with a slew of rate moves on the table

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Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building in...
Bussiness

The Bank will cut rates this week but the battle against inflation is far from over

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Quite apart from the damage in the labour market, a significant economic...
Bussiness

Interest rate warning as ‘careful’ Bank of England to pause cuts next week

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Economists are warning that the Bank of England is likely to pause cutting interest rate cuts ahead of this week's upcoming Monetary Policy Committee...
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