Could interest rates in Australia fall after the collapse of two US banks? If the Reserve Bank of Australia (RBA) wanted an excuse to end interest rate hikes, the collapse of two US banks just gave it one. ABC News · Mar 14, 2023
Budget predictions 2023: 11 things Jeremy Hunt will announce - what it means for you At 12.30pm on Wednesday the Chancellor will deliver his first Budget in the Commons amid a backdrop of mass industrial action, sky-high inflation, and a cost-of-living crisis. Daily Mirror · Mar 14, 2023
Why another high inflation report may not cause Fed to hike The government inflation report being released Tuesday is expected to show that price acceleration in the United States remained chronically high in February, putting the Federal Reserve in an unusually tough position The Independent UK · Mar 14, 2023
Fears of another financial crisis as US bank stocks tumble after interest rate hikes Investors are concerned that a relentless rise in interest rates meant to curb inflation are approaching a tipping point and may be cracking the banking system Wales Online · Mar 14, 2023
Consumer confidence plunges to COVID lockdown lows Consumers are feeling wobbly after the Reserve Bank's tenth interest rate hike in a row and amid stubborn inflation. The New Daily · Mar 14, 2023
How frugal shoppers are helping to fight inflation It's not just the Federal Reserve that can fight inflation — consumers can, too, by changing their buying habits, Deloitte researchers say. Tribune News Service · Mar 13, 2023
Central upbeat on luxury stores in Europe Central Group remains confident that its luxury department stores in Europe won't be affected by inflation as they targeted high-end customers, while Centara Hotels & Resorts (CHR) expects its revenue this year to exceed the level recorded in 2019. Bangkok Post · Mar 13, 2023
Mortgage rates keep climbing as economy grows. What home buyers and sellers should know The housing market is on the fritz – again. Tribune News Service · Mar 13, 2023
Cost-of-living concerns impacting Aussie travel plans After rebounding from the pandemic, the travel industry is facing further setbacks as holidaymakers face cost-of-living concerns. AAP · Mar 13, 2023
Jeremy Hunt's Spring Budget: What we know and the announcements to look for - including energy bills, benefits, childcare and more A wide variety of economic issues will be tackled in the Chancellor's Spring Budget on Wednesday Manchester Evening News · Mar 13, 2023
Budget 2023: government needs to show it can jack up growth to regain economic credibility UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early… The Conversation · Mar 13, 2023
How Fed shrapnel killed Silicon Valley Bank Continuing to tighten monetary policy in this environment of bank blowups and declining consumer and business confidence is a surefire recipe for disaster. Fortune · Mar 13, 2023
How the Fed Broke Silicon Valley Bank The Fed's anti-inflation measures had to hurt someone. Reason · Mar 13, 2023
SVB is a victim of the US Federal Reserve’s obsession with inflation City Voices: Ramping up interest rates so quickly was bound to create mayhem Evening Standard · Mar 13, 2023
The Independent UK · Mar 13, 2023 Kimberly Palmer: How to fight the 'pink tax' amid inflation Women often pay more for goods and services, but it doesn’t have to be that way
StockNews.com · Mar 13, 2023 3 Growth Stocks That Should Be on Every Long-Term Investors’ Watch List With inflation remaining elevated, the Fed is expected to keep raising interest rates. This is expected to keep the stock market volatile. However, that should not deter long-term investors from adding fundamentally strong growth stocks Box (BOX), Extreme Networks (EXTR), and Celestica (CLS) to their watchlist, given their solid growth…
ABC News · Mar 13, 2023 Economist blames rising inflation on COVID-19 policies, as woman tells Q+A she can no longer afford university A young Australian tells Q+A she has been forced to forego her education due to the spiralling cost of living, opening the door for economist Gigi Foster to blame COVID-era government policy for rising inflation in Australia.
The Independent UK · Mar 13, 2023 Lamb shoulder out and Dairy free spread in: All the changes to the UK’s cost of living tracking ‘inflation basket’ The Office for National Statistics (ONS) monitors the prices of a virtual so-called inflation basket of more than 700 goods and services to create monthly inflation figures
Evening Standard · Mar 13, 2023 OPINION - Controlling inflation is the battle of our times — and fortune will favour the bold The Bank of England appears to be as confused as everybody when it comes to the outlook for interest rates. At the beginning of the month, a speech by the Bank’s Governor Andrew Bailey triggered hugely conflicting headlines. They ranged from “Bailey downplays talk of sharp rise in interest rates”…
Daily Mirror · Mar 13, 2023 Junior doctors 'paid less than workers at Pret a Manger' as 70,000 expected to strike The British Medical Association say junior doctors are demanding an end to a decade of below-inflation pay deals - they've hit out at the government over the latest 2% pay rise
The Guardian - UK · Mar 13, 2023 Alcopops and non-chart CDs ejected from UK ‘inflation basket’ E-bikes, home security cameras and frozen berries added to ONS list in sign of changing shopping habits
Birmingham Post · Mar 13, 2023 Stelrad CEO urges Government to take more action to help decarbonise homes Trevor Harvey's comments come as the Newcastle and Yorkshire firm published record full year results despite a number of challenges
Bangkok Post · Mar 13, 2023 Asia-Pacific travellers return in 2023, with different tastes Travellers are set to come out in fuller force across the Asia-Pacific region this year, though still-high inflation and structural hurdles likely will leave the critical industry still far from pre-Covid levels.
The Independent UK · Mar 13, 2023 UK and US to ‘work through’ concerns over Biden’s package of green subsidies, Rishi Sunak says The Inflation Reduction Act is an attempt to make the US economy environmentally friendly with tax credits for green technology
Birmingham Post · Mar 13, 2023 North West's private sector sees first improvement since August 2022 - NatWest The bank has published its latest PMI data for the region