Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre

Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above...

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Andy Burnham to cut tax for pubs, clubs and live music in England and make vape shops pay more – business live

Live, rolling coverage of business, economics and financial markets as government says it will...

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RBA now twice as likely to hike interest rate as US-Iran war drives fuel prices higher

Experts warn global energy market at a ‘critical juncture’ with escalating Middle East...

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Bank of Canada set to make interest rate announcement

The Bank of Canada is set to deliver its fifth interest rate decision of the year this morning.

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Oil price jumps as US-Iran clashes raise odds of interest rate rises

Stock markets fall as analysts priced in two quarter-point UK rate rises by the end of the year...

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Fourth Australian interest rate rise more likely if Trump’s Iran conflict not resolved within a week

Economists warn continued airstrikes could push oil prices beyond US$100 a barrel, increasing...

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Interest rate hikes remain on cards as Australia’s underlying inflation climbs, economists warn

Despite plunging fuel prices, trimmed mean inflation increased from an annual pace of 3.4% to...

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Bank of England keeps interest rates at 3.75% as Iran conflict weighs on economy

Higher energy costs due to the closure of strait of Hormuz are expected to boost inflation and slow...

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UK inflation unexpectedly stays at 2.8% as food price falls offset transport costs

Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set...

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Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures

Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold...

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RBA interest rates: Reserve Bank holds official cash rate at 4.35% as economy slows and unemployment rises

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this...

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Iran war inflation drives European Central Bank to become first to raise interest rates

The European Central Bank became the first central bank to raise interest rates over inflation...

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Bank of Canada to make interest rate announcement amid turbulent economy

The Bank of Canada is set to make an interest rate announcement this morning after a turbulent...

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As consumers struggle, should the Bank of Canada hike, hold or cut rates?

Several economists believe the Bank of Canada is more likely to raise borrowing rates in the coming...

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Australian housing was already cooling before the budget – but how cold it gets depends on two key factors

Most economists believe the chronic undersupply of homes will eventually push prices higher once...

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Jim Chalmers is putting a positive spin on the economy, but is the outlook for Australia grim?

The economy was slowing even before the Middle East conflict and interest rate hikes started to...

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