The Latest Breaking News from Inflation

The Western Australian state election will be held on March 8. A Newspoll, conducted January 29 to February 4 from a sample of 1,039, gave Labor a 56–44 lead, from primary votes of 42% Labor, 32% Liberals, 3% Nationals, 12% Greens, 4% One Nation and 7% for all Others.

THE INDEPENDENT VIEW: Editorial: The quarter percentage point cut surprised no one but it is still more significant than it sounds – and we can expect Rachel Reeves to make the very most of it in the weeks ahead

UK economy expected to grow by just 0.75% this year, in fresh blow to Rachel Reeves’s attempts to raise confidence

Market analyst Darin Newsom believes current market fluctuations are driven by news headlines and manipulation, similar to 2017-2020, and that while some technical indicators may still be relevant, the market's reaction to news, including potential tariff increases and weather concerns, creates uncertainty and volatility across various sectors, impacting investor behavior…

Scott Bessent said the president is instead focused on 10-year Treasury Bond yields.

The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

Inflation also expected to be higher than previously forecast, rising to 3.7% this year

The Czech Republic’s central bank has cut its key interest rate again amid higher than expected inflation

Energy, water, food and council tax bills are all on the increase.

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth