The Bank of England expects the rate, which measures how quickly prices are rising, to peak at 4% in September.

Inflation is expected to jump again when July’s report is published this morning. Rising food prices and summer spending ...

Inflation is expected to have risen to its highest level since January last year under official figures due to be published ...

What led Federal Open Market Committee (FOMC) members to refrain from cutting rates in July will be revealed on August 20.

Here are five other important things happening in and affecting South Africa today: ...

Asian shares retreated on Wednesday, tracking a decline on Wall Street led by technology shares including Nvidia and other ...

ANZ, the Australian bank, said it now expected two further interest rate cuts after the dovish pivot. The New Zealand dollar ...

Prices in the UK rose even faster last month, according to official figures. Inflation hit 3.8% in July, data from the Office ...

Cries of celebration from the government benches were heard at Parliament today, following the Reserve Bank's cut to the ...

Oliver Allen at Pantheon Macroeconomics agrees that “the jump in housing starts in July is noise rather than a sign that new residential construction is turning a corner”. The numbers were flattered ...

There are much better places to grow your funds, experts warn, especially after the Bank of England cut interest rates ...

The political pressure is unrelenting. Beyond his public attacks, Trump’s Treasury Secretary Scott Bessent has promoted the ...