Inflation

The Bank of England has opted to maintain its benchmark interest rate at 4.75 per cent, despite downgrading growth forecasts and acknowledging persistent inflation concerns. The decision, reached by a six-to-three majority of the Monetary…

Leading central banks have delivered a stark warning to markets, indicating that inflation's persistence will lead to a more gradual approach to interest rate cuts in 2025. This cautious stance has triggered significant movements in bond…

The Bank of England is poised to maintain interest rates at 4.75 per cent following inflation's rise to its highest level since March. Market analysts anticipate the monetary policy committee will deliver an 8-1 vote favouring policy…

British inflation rose to 2.6 per cent in November, reinforcing expectations that the Bank of England will maintain current interest rates during Thursday's monetary policy meeting. The increase, reported by the Office for National…

The Polish government has launched an unprecedented auction of 1,000 tonnes of butter from its strategic reserves, responding to mounting pressure over spiralling prices that have become a contentious political issue ahead of the May…

The technology-heavy Nasdaq achieved a historic milestone on Wednesday, breaking through the 20,000-level barrier for the first time, as markets responded positively to US inflation data that strengthened expectations of a Federal Reserve…

The Bank of England's Governor, Andrew Bailey, has indicated that four interest rate cuts are likely in 2025, marking a significant shift in the UK's monetary policy stance. Speaking at the FT's Global Boardroom conference, Bailey…

Major American retailers are transforming the traditional single-day Black Friday shopping event into a weeks-long sales extravaganza as they grapple with signs of diminishing consumer spending power. The strategic shift comes as retail…

The Bank of England's governor has cautioned that recently implemented business tax increases could potentially delay future interest rate reductions. Speaking to MPs on the Treasury select committee, Andrew Bailey expressed concerns about…

British supermarket sales surged to £11.6 billion last month, reaching their highest level since the pandemic-induced panic buying of 2020, driven by early Christmas shopping and Halloween celebrations. Market researcher Kantar revealed…

Political leaders across developed economies are grappling with persistent public discontent over high prices, despite inflation rates returning to normal levels. The unprecedented surge in living costs has created a toxic legacy that…

The Federal Reserve appears ready to implement a quarter-point reduction in its benchmark policy rate next week, maintaining its strategic direction despite a skewed employment report and clouded economic policy outlook surrounding the…

Last month, the consumer prices in America declined more slowly than anticipated as rising food and housing costs drove inflation. According to the Bureau of Labor Statistics, the consumer price index (CPI), rose by 0.2 percent in…

The British Chambers of Commerce (BCC) has issued a stark warning about the UK's inflation outlook, projecting that consumer price inflation will climb steadily to 2.6% by the end of the year and remain above the Bank of England's 2% target…

The surge in living costs across the United Kingdom has had an uneven impact on various segments of society, with mortgage holders and renters bearing the brunt of the inflation, according to data from the Office for National Statistics…

Labour's drive to make the UK an "island" of stability seems to have been perfectly timed. Rachel Reeves is promoting Britain as an investment destination that has recently become more stable. The new Chancellor will encourage…

The European Central Bank (ECB) is "very worried" that member states are not adhering to the fiscal rules of Brussels. This is because the bank fears it will be unable to use its emergency tool to prevent a French bond market crash after…

Bank of England Governor said that he expects "quite a fall" in the inflation rate to be around the 2 percent target level when the official figures are released on Tuesday. He also predicted that the central bank will cut interest rates in…