Economy
Growth, inflation, interest rates and central-bank decisions, budgets, trade and tariffs, and what they mean for households and firms.
Latest Economy stories
RBA's Bullock: Outlook risks were skewed to upside
Reserve Bank of Australia (RBA) Governor Michele Bullock said on Friday that inflation is not expected to return to the midpoint of the target range until late 2027 because of persistent global cost p...
Circular economy pilot projects show hotels can reduce waste and costs
The new EU Packaging Regulation (PPWR) has been in effect since Aug. 12, 2026. Under this regulation, beginning in January 2030, the food service industry may no longer buy food or toiletries packaged in single-use plastic—for example, ketchup packets or individually wrapped bars of soap. This is increasing pressure on hotels, restaurants and catering businesses to act.
Farmer who voted for Trump talks about impact of high costs of Iran war, tariffs: "We're all just in survival mode"
Matt Bell said he initially supported Trump's policies but now feels he and other farmers were "sold a bill of goods" that there was a plan to "put America's farmers and ranchers first."
Bank of England signals interest rate rises as Iran war fuels inflation
Andrew Bailey says the Middle East conflict could push inflation to 4% early next year, piling pressure on the chancellor before his budget
Tech leads Wall St to higher close as oil eases, Treasury yields dip
Wall Street bounced back on Thursday as easing oil prices, dropping US Treasury yields and solid labor data helped markets move beyond the Federal Reserve's first interest rate hike in more than three years.
RBI rate hike imminent? Fed's move pressures India to tighten monetary policy amid rising inflation
Global central banks are tightening monetary policy, prompting calls for India to follow suit. The US Federal Reserve recently increased its interest rates, signaling further tightening ahead. India's retail inflation has reached a 20-month high, strengthening the case for a rate hike. Economists anticipate the Reserve Bank of India will raise its policy rate soon. This move aims to maintain a sufficient yield gap for foreign investments.
Japanese Yen awaits fresh direction from Bank of Japan interest rate decision
USD/JPY trades cautiously on Thursday as attention shifts to the Bank of Japan’s (BoJ) monetary policy decision on Friday after the Federal Reserve (Fed) delivered a widely expected 25-basis-point rate hike on Wednesday.
Rising oil, rates and yields brew up stagflation cocktail for markets
The surge in energy and global borrowing costs as a result of the war in the Middle East is pushing economies and markets further towards a potentially damaging period of high inflation and slow growth.
Why RBI is mopping up cash from banks
Record foreign-currency inflows have left banks with a huge surplus, prompting the central bank to sell government bonds to absorb rupees
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