Swiss National Bank ups rates, says bank crisis stopped The Swiss National Bank has today raised its benchmark interest rate by 50 basis points and declared that measures to support Credit Suisse had "put … Business • 12 mins
Norway central bank raises rate to 3% - as expected Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 3% today to rein in inflation and said it would likely … Business • 7 mins
Federal Reserve raises rates, forecasts future hike The Federal Reserve has today raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further … Business • 48 mins
Producer prices for food products up 6.2% in February New figures from the Central Statistics Office show that producer prices for food products rose by 6.2% in the 12 months to February this year. Business • 23 hrs
ECB to watch bank rates for signs of stress - Lagarde The European Central Bank's interest rate increases are just starting to take effect on the economy but their transmission may become stronger as a result … Business • 22 hrs
UK inflation rate rises to 10.4% in February - ONS British consumer price inflation unexpectedly rose to 10.4% in February from January's 10.1%, figures from the Office for National Statistics showed today. Business • 23 hrs
The 'Great Unretirement': Older people return to work As fears of Covid-19 subside and worries around the rising cost-of-living take over, many older people are returning to the workforce, a movement known as … Business • 19 Mar
Euro zone inflation eases in Feb, core prices pick up Euro zone inflation eased a touch in February but underlying price growth continued to accelerate on a surge in services costs, the EU's statistics agency … Business • 17 Mar
Where is inflation going next and what does that mean? It is now not as sure as it was just a few short weeks ago that more rate rises are warranted, and that is something … Business • 17 Mar
Inflation up to 8.5% in February from 7.8% in January The annual rate of inflation rose to 8.5% in February compared to 7.8% in January, according to the latest figures from the Central Statistics Office. Business • 16 Mar
ECB increases euro zone interest rates again The European Central Bank raised interest rates by 50 basis points today as promised, ignoring financial market chaos and calls by investors to dial back … Business • 16 Mar
Inflation in Argentina exceeds 100%, hitting 32-yr high Inflation in Argentina came in at 102.5% in the 12 months to February, exceeding the symbolic triple-digit mark and reaching a new 32-year high. Business • 14 Mar
US inflation rate eases to 6% in February US consumer prices increased in February amid sticky rental housing costs, but economists are divided on whether rising inflation will be enough to push the … Business • 14 Mar
UK motor insurer Direct Line 2022 profit down 95% British motor insurer Direct Line's operating profit dropped 95% in 2022 after inflation drove up the cost of motor repairs and it warned that 2023 … Business • 13 Mar
Bank of Japan leaves policy unchanged as Kuroda retires Japan's central bank left its ultra-easy monetary policy unchanged in its last meeting before Governor Haruhiko Kuroda steps down and is replaced by economics professor … Business • 10 Mar
German inflation rate rises to 9.3% in February German consumer prices, harmonised to compare with other European Union countries, rose by 9.3% on the year in February, the federal statistics office said today, … Business • 10 Mar
Japan's economy barely grew in last quarter of 2022 Japan's economy narrowly averted a recession in the final months of 2022, barely growing on frail consumption after shrinking in the third quarter, revised data … Business • 09 Mar
23% of consumers struggling with higher grocery prices Nearly a quarter of consumers are struggling to make ends meet due to rising grocery prices, according to research conducted on behalf of Love Irish … Business • 09 Mar
China's inflation slows to lowest level in a year China's annual consumer inflation slowed to the lowest rate in a year in February as consumers remained cautious despite the abandonment of strong pandemic controls … Business • 09 Mar
Powell: No call made yet on size of March rate rise Federal Reserve Chair Jerome Powell has said that officials have not yet made a call on the size of the rate increase they are almost … Business • 08 Mar
Bank of Canada keeps rates on hold - as expected The Bank of Canada today left its key overnight rate on hold at 4.5% as expected, becoming the first major central bank to suspend its … Business • 08 Mar
ECB chief vows to do 'whatever it takes' on inflation European Central Bank president Christine Lagarde said today she will do whatever it takes to bring down high inflation and restore price stability. Business • 08 Mar
Hunt to keep tight UK budget with eye on 2024 election British finance minister Jeremy Hunt looks set to keep his grip on the public finances in next week's budget, refraining from big tax cuts or … Business • 08 Mar
Central Bank forecasts inflation to fall to 5% in 2023 Inflation is forecast to fall to 5% this year and household incomes are expected to improve, according to the Central Bank. Business • 08 Mar
Fed likely needs to raise rates higher, Powell says The Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in … Business • 07 Mar
