The Latest Breaking News from Inflation

Policymakers have their task cut out to surmount the twin challenges of slowing growth and persistent inflation

Governor Andrew Bailey said it was “much too early” to think about cuts to interest rates

The number of Americans applying for jobless benefits inched up last week but remains low by historical standards, even with the Federal Reserve’s aggressive interest rate hikes meant to cool the economy and taper lingering inflation

In exclusive article for the Standard the Bank of England Governor warns there is still a long way to go in the fight against inflation

With a weak economic outlook and shrinking inflation the Bank risks leaving rates too high for too long

Interest rates left unchanged at 5.25% as Bank signals 50-50 chance of recession by mid-2024

Chief says firm making record gains in market share after passing on savings to shoppers with discounted groceries

The US central bank maintains its pause on raising interest rates, while leaving the door open for future hikes, as inflation remains well above its 2 percent target. Also, 28 countries and the EU sign the "Bletchley Declaration" calling for international cooperation on ensuring AI safety. Plus the fate of…

Jim Chalmers – as if he doesn’t have enough on his plate – is marching into the centre of energy policy.