Tag: Inflation
European Central Bank’s Record Rate Hike Amid Inflation Worries
The European Central Bank (ECB) has taken a historic step by increasing Eurozone interest rates to a record high. This marks the...
The Fed increases interest rates to levels not seen in 22...
The US central bank has implemented the highest interest rates in 22 years in an effort to stabilise the world’s largest economy...
The IMF issues a warning that UK inflation will worsen
The International Monetary Fund (IMF), which previously warned that the chancellor’s mini-budget would cause prices to rise, has increased its condemnation of...
US makes huge interest rate rise to tame soaring prices
To contain rising prices in the greatest economy in the world, the US central bank has announced yet another abnormally large interest...
Inflation pushes UK government interest costs in June to fresh record
Interest payments on UK government debt reached a record high in June as a result of rising inflation.
The...
Is the Bank of England capable of halting spiralling inflation?
Fears of an “inflationary spiral,” the Prime Minister stated yesterday, had limited the amount of assistance the government could provide in the...
Inflation hits new 30-year high ahead of Sunak statement
Last month, the cost of living continued to rise, highlighting the problem facing the chancellor ahead of his spring budget statement on...
