The Latest Breaking News on Economy

Higher unemployment could be on the way, the central bank suggests.

The Tanaiste suggested that those struggling will see more money “in their pockets and off their bills within weeks.”

New interest base rate announced amid ongoing cost of living crisis

The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession

According to business analysts, the Fed hasn't made a move against inflation quite this aggressive since the 1980s

New forecasts show the central bank envisions a weaker economy in the coming years.

Today, the Government announced a cap on energy bills for businesses from October, which is intended to help them survive in the harsh economic winter. Small- and medium-sized companies in particular need stability and help with rising prices. Today’s announcement will provide some relief and the clarity they have been…

Paul F. Gruenwald, S&P global chief economist, said a lot depends on how global fund flows behave if there is a recession in the U.S. and Europe.

NEW DELHI: The US Federal Reserve is expected to lift interest rates by three-quarters of a percentage point for a third straight time on Wednesday and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation.