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Australian Inflation Falls to Lowest Level in Three Years, but Rate Cuts Unlikely Yet

World

25 Sep, 2024

Australian Inflation Falls to Lowest Level in Three Years, but Rate Cuts Unlikely Yet


A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5 per cent in July...

ECB's Schnabel Warns: Services Inflation Remains a Key Threat to Price Stability

World

23 Sep, 2024

ECB's Schnabel Warns: Services Inflation Remains a Key Threat to Price Stability


The European Central Bank (ECB) is keeping a close eye on services inflation, which remains a significant threat to price...

South African Rand Gains Ahead of Rate Cut: Is a 50 Basis Point Drop on the Horizon?

World

19 Sep, 2024

South African Rand Gains Ahead of Rate Cut: Is a 50 Basis Point Drop on the Horizon?


The rand gained Thursday morning ahead of a South African Reserve Bank interest rate decision, where the central bank is...

Fed Cuts Interest Rate by Half-Point: Is the Inflation Fight Finally Over?

World

18 Sep, 2024

Fed Cuts Interest Rate by Half-Point: Is the Inflation Fight Finally Over?


The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...

Fed Expected to Cut Interest Rates: What It Means for Your Wallet

World

18 Sep, 2024

Fed Expected to Cut Interest Rates: What It Means for Your Wallet


The Federal Reserve is widely expected Wednesday to announce its first interest rate cut in years, a move that will...

Fed Rate Cut Incoming: Will It Be 25 or 50 Basis Points?

Business

18 Sep, 2024

Fed Rate Cut Incoming: Will It Be 25 or 50 Basis Points?


The US Federal Reserve is set to announce its monetary policy decision today at 11:30 PM, September 18. Markets are...

Fed's Biggest Interest Rate Decision in Years: Will It Be a 0.25% Cut or a 0.5% Shock?

World

18 Sep, 2024

Fed's Biggest Interest Rate Decision in Years: Will It Be a 0.25% Cut or a 0.5% Shock?


For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions...

Fed To Cut Interest Rates This Week: But How Much Will It Be?

Business

18 Sep, 2024

Fed To Cut Interest Rates This Week: But How Much Will It Be?


The Federal Reserve is about to start cutting interest rates for the first time since 2020, but a big question...

Czech Inflation Stays at 2.2% y/y in August: CNB Rate Cut Looms?

World

16 Sep, 2024

Czech Inflation Stays at 2.2% y/y in August: CNB Rate Cut Looms?


Czech consumer prices increased by 2.2% year-on-year in August, which is the same level of growth Czech statisticians reported for...

ECB Cuts Interest Rates for the Second Time This Year: What Does it Mean for the Eurozone?

World

12 Sep, 2024

ECB Cuts Interest Rates for the Second Time This Year: What Does it Mean for the Eurozone?


The European Central Bank (ECB) on Thursday delivered a quarter-point interest rate cut, marking its second reduction to the deposit...

DWP Christmas Bonus: Petition Demands £10 Increase To £114.75 Amid Cost of Living Crisis

World

12 Sep, 2024

DWP Christmas Bonus: Petition Demands £10 Increase To £114.75 Amid Cost of Living Crisis


The government has been urged to boost its annual Christmas £10 bonus for benefit claimants, with thousands signing a petition...

Kelowna Liquor Store Workers to Strike This Weekend: Fight for Fair Wages Amid Inflation

World

12 Sep, 2024

Kelowna Liquor Store Workers to Strike This Weekend: Fight for Fair Wages Amid Inflation


Unionized workers at a Kelowna liquor store will begin a strike on Saturday, Sept. 14. Employees at Armstrong Regional Cooperative...

Christmas Bonus Scandal: Is £10 Enough for Millions in a Cost-of-Living Crisis?

World

12 Sep, 2024

Christmas Bonus Scandal: Is £10 Enough for Millions in a Cost-of-Living Crisis?


Thousands of people across the UK have called for a rise to the Department of Work and Pensions (DWP) Christmas...

Hungary's Inflation Slows to Three-Year Low, Fueling Rate Cut Hopes

World

11 Sep, 2024

Hungary's Inflation Slows to Three-Year Low, Fueling Rate Cut Hopes


Inflationary pressures in Hungary eased in August, bringing a glimmer of hope for a potential rate cut by the central...

Hungary's Inflation Slows Sharply, Giving Central Bank More Room to Cut Rates

Business

10 Sep, 2024

Hungary's Inflation Slows Sharply, Giving Central Bank More Room to Cut Rates


Hungary's inflation eased more than expected in August, bolstering the case for the central bank to resume interest-rate cuts. Consumer...

Russia's Central Bank to Hike Interest Rates Again: What it Means for the Economy

Business

8 Sep, 2024

Russia's Central Bank to Hike Interest Rates Again: What it Means for the Economy


Russia's central bank is expected to raise its benchmark interest rate by 100 basis points to 19% at its Sept....

Inflation Drives Canadians to Keep Vehicles Longer as Auto Repair Costs Climb: J.D. Power Study

Business

7 Sep, 2024

Inflation Drives Canadians to Keep Vehicles Longer as Auto Repair Costs Climb: J.D. Power Study


The average cost of a visit to the repair shop has increased over 2023, regardless of whether a customer visits...

Argentina's Inflation Soars: Analysts Predict 123% Annual Rate, But Could a Digital Transportation Revolution Help?

World

6 Sep, 2024

Argentina's Inflation Soars: Analysts Predict 123% Annual Rate, But Could a Digital Transportation Revolution Help?


One of the world's most urbanized nations (92%), Argentina relies heavily on transportation, contributing 13.8% of its total GHG emissions—90%...

RBA Governor Warns of Home Sales Amidst Stagnant Economy and High Inflation

World

6 Sep, 2024

RBA Governor Warns of Home Sales Amidst Stagnant Economy and High Inflation


The Reserve Bank of Australia (RBA) governor, Michele Bullock, has delivered a sobering message to Australians grappling with high inflation...

Bank of Canada Cuts Interest Rates Again: What This Means for Canadians

World

5 Sep, 2024

Bank of Canada Cuts Interest Rates Again: What This Means for Canadians


The Bank of Canada announced Wednesday that it is cutting its benchmark interest rate by a quarter of a percentage...

Bank of Canada Cuts Interest Rates for the Third Time in a Row: What Does It Mean for You?

World

4 Sep, 2024

Bank of Canada Cuts Interest Rates for the Third Time in a Row: What Does It Mean for You?


The Bank of Canada announced on Wednesday that it is cutting its key interest rate for the third consecutive time,...

Bank of Canada Expected to Cut Interest Rates Again This Week: What Does It Mean for Canadians?

Business

3 Sep, 2024

Bank of Canada Expected to Cut Interest Rates Again This Week: What Does It Mean for Canadians?


The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces...

Biden's Economic Policies: Are American Workers Better Off Than They Were 4 Years Ago?

World

31 Aug, 2024

Biden's Economic Policies: Are American Workers Better Off Than They Were 4 Years Ago?


The perennial question in presidential elections is: “Are you better off than you were four years ago?” For American workers,...

This Retired Couple's Savings Are Dwindling As They Battle Cancer and Inflation: A Look at Their Struggles With Social Security, Medicare, and More

World

28 Aug, 2024

This Retired Couple's Savings Are Dwindling As They Battle Cancer and Inflation: A Look at Their Struggles With Social Security, Medicare, and More


Wendy Jones, 71, has been her husband Roy's caregiver for the last three decades — even after her brain tumor...

Aussie Dollar Surges as Inflation Slows, but Rate Cuts Remain Unlikely: What It Means for You

World

28 Aug, 2024

Aussie Dollar Surges as Inflation Slows, but Rate Cuts Remain Unlikely: What It Means for You


The local bourse has fallen as traders digested a slightly smaller deceleration in domestic inflation that pushed the Aussie dollar...

Nvidia Earnings & Inflation Report: What To Watch This Week in the Markets

Business

28 Aug, 2024

Nvidia Earnings & Inflation Report: What To Watch This Week in the Markets


The stock market has maintained a bullish trend for some time, rebounding from earlier losses experienced at the beginning of...

Australia's Inflation Slows, But Interest Rate Cuts Still Seem Distant: Will the Aussie Dollar Rise?

World

28 Aug, 2024

Australia's Inflation Slows, But Interest Rate Cuts Still Seem Distant: Will the Aussie Dollar Rise?


Australia's inflation rate eased in July, but the slowdown was driven by government rebates on electricity bills, leaving markets uncertain...

Consumer Confidence Index Rose in August, But Concerns Linger About the Job Market

World

27 Aug, 2024

Consumer Confidence Index Rose in August, But Concerns Linger About the Job Market


American consumers felt more confident in August as their outlook for the future improved. However, concerns over the job market...

Fed Officials Signal September Rate Cut As Inflation Cools, But Labor Market Concerns Remain

World

22 Aug, 2024

Fed Officials Signal September Rate Cut As Inflation Cools, But Labor Market Concerns Remain


The Federal Reserve is poised to begin easing interest rates for the first time in four years, with policymakers indicating...

Australia's Population Boom: Is Record Migration to Blame for Housing Crisis and Inflation?

World

22 Aug, 2024

Australia's Population Boom: Is Record Migration to Blame for Housing Crisis and Inflation?


Prime Minister Anthony Albanese's government has overseen a remarkable surge in Australia's population, with a record 1.15 million migrants entering...

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