The Latest Breaking News from Inflation

The Bank of England on Thursday kept its key interest rate at 5.0 percent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve.

While the UK is far from overheating, the MPC still sees inflationary dynamics within the economy

The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago

Today’s news that an extra 47,500 Australians found work in August while the unemployment rate held steady at 4.2% is a sign of success for both the government and Reserve Bank.

The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction for more than four years, sharply lowering borrowing costs shortly before November's presidential election.

Cautious Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs unchanged in 8-1 vote

‘With crime at record levels, with terrorists and criminals pouring in, and with inflation eating your hearts out, vote for Donald Trump,’ Republican nominee pleads

The university sector in Aotearoa New Zealand is at a tipping point due to chronic underfunding, shifting enrolments and increasing costs from inflation. In response, the government has established two working groups to assess the health of the sector and provide recommendations for the future.

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the first time the cost of borrowing has been lowered in four years.