Economists to have a close eye on April inflation report as BoC rate decision nears
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Canadian Press Nojoud Al MalleesPublished May 19, 2024 • 3 minute read You can save this article by…
Slowing Inflation Primes G-7 Central Banks for June
Breadcrumb Trail LinksPMN BusinessInflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy…
Sunak May Struggle to Turn Key Inflation Victory Into Votes
Breadcrumb Trail LinksPMN BusinessOf the five goals Rishi Sunak set for himself at the start of 2023, he met just one — halving inflation by…
Wake up and smell the coffee but where’s the best value espresso?
Coffee prices continue to rise in the continent but at a considerably slower rate than last year's double-digit price hikes. ADVERTISEMENTCoffee prices hardly increased in…
After a huge week of economic news, where did we land on the direction of interest rates?
It's been a big week for economic and business news.Treasurer Jim Chalmers handed down his third budget on Tuesday, and the Bureau of Statistics published…
Inflation improves a bit in April, but housing costs remain obstacle
WASHINGTON — Government data released Wednesday show that inflation eased a bit in April, but remains at a relatively high level. The latest report isn’t likely…
Swedish Inflation Backs Case for Abating Price Pressure
Breadcrumb Trail LinksPMN BusinessSweden’s underlying inflation held steady last month in a vindicating sign for the Riksbank, which last week became the second major developed-world…
I was a desperate single mum trying to clear £7,000 debt – how to avoid my easy mistake
SINGLE mum Marie Roberts desperately searched for help to pay off her £7,000 debt - but an easy meant it cost her hundreds of pounds…
Federal Budget 2024 live updates: Government defends cost-of-living payments as opposition urges plan to fight inflation
There are promises aplenty of free and accessible mental health services, but they’re still a way off yet, writes national health reporter Elise Worthington. You…
HECS relief but universities, students still waiting for answers as budget reality dampens promise of historic ‘accord’
In short: $1.1 billion will be spent over five years on initiatives such as HECS relief, addressing "poverty placement" and better access to courses.A "needs based"…
Why Biden keeps trailing Trump in polls regardless of the issues
A batch of new polls from the New York Times, Siena College and the Philadelphia Inquirer has very bad news for President Biden: He’s losing.…
Exact rate wages are rising revealed – what it means for your money
WAGES are rising for millions of workers across the UK, new figures reveal. Growth in regular pay, excluding bonuses, grew by 6% between January and…
Column: A lesson from Trump, Biden — nonstop crises are the new normal
WASHINGTON — A poll published by the Economist this month included a finding that was striking yet unsurprising: Almost 7 in 10 Americans believe things in…
Stubborn Inflation Poses Risk to Recently Upgraded US Forecasts for Economic Growth
Breadcrumb Trail LinksPMN BusinessSo far, 2024 isn’t going quite how it was supposed to for the US economy: Inflation has been higher than expected and…
We’ve been told to expect a cautious budget, but will it satisfy an impatient public?
"Economic management", a well-worn political trope even in ordinary times, has been especially prominent in the lead-up to the Albanese government's third federal budget on…
Urgent warning for thousands of energy customers hit with ‘rip-off’ fees and higher bills after using switching tool
Tens of thousands of homes could have been shifted to energy tariffs with expensive exit fees after signing up to a tool that is supposed…
Chancellor Jeremy Hunt urges Bank of England to not cut rates too quickly and risk raising them again
CHANCELLOR Jeremy Hunt yesterday urged the Bank of England not to cut rates too quickly and risk raising them again. The Bank kept rates at…
Ken Henry knows a thing or two about federal budgets. His message for Jim Chalmers? Hold steady
There aren't many economists willing to depart from the line that Tuesday's budget must tighten the belt on spending and be "contractionary" to prevent another…
ECB’s Wunsch Warns That Risks to Inflation Outlook Persist
Breadcrumb Trail LinksPMN BusinessEuropean Central Bank Governing Council member Pierre Wunsch still sees dangers for consumer prices – including a weaker euro should monetary policy…
U.S. Federal Reserve left interest rates unchanged at 5.25 – 5.5 percent
The Federal Reserve of the United States decided to maintain interest rates at a 22-year high of 5.25 percent to 5.5 percent, based on recent…