Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Inflation

Rate hike signals RBI wants to act quickly before inflation derails growth, say experts

MUMBAI: The RBI's surprise rate hike on Wednesday suggests that the central bank wants to act quickly before inflation derails the growth recovery, experts said.

The Times of India

Martin Lewis shares four banks where you can get up to £150 for free

Some offers are even available to existing customers

Manchester Evening News

Steak prices will keep rising, major US meatpacker says

Beef will be getting even more expensive at U.S. grocery stores in the months ahead, according to one of the country’s biggest meatpackers.

Tribune News Service

From analysis to the latest developments in health,
read the most diverse news in one place.

DUP’s Jeffrey Donaldson criticised over Stormont boycott threat

Leader accused of holding region to ransom with vow not to revive power sharing until Brexit protocol is ditched

The Guardian - UK

Independence day: why Gordon Brown gave the Bank the right to set interest rates

Analysis: New Labour’s chancellor revealed his plan to a surprised Eddie George and his private secretary, now governor, Andrew Bailey

The Guardian - UK

Eviction filings are up sharply as pandemic rental aid starts to run out

The federal rental aid program expects to distribute the rest of its money by mid-summer. Some cities have already run out of funding, pushing eviction filings higher than before the pandemic.

WEKU

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Oil prices surge as EU proposes complete ban on Russian crude and petrol imports

Threat of further petrol and diesel price rises after European Commission unveils toughest measure yet against Russian energy supplies

The Independent UK

Fed Expected To Hike Interest Rate By Half Percentage Point To Curb Inflation

On Wednesday, the Federal Reserve is expected to raise interest rates by half of a percentage point and announce the start of reductions to its $9 trillion balance sheet as U.S. central bankers work to combat high inflation.

Benzinga

India's central bank raises interest rate to tame inflation

India’s central bank has raised its key interest rate to 4.4% from 4% to try to contain fast-rising inflation

The Independent UK

Sensex crashes 1,307 points after RBI's rate hike surprise; Nifty settles at 16,678

NEW DELHI: An off-cycle hike in repo rate by the Reserve Bank of India (RBI) spooked equity indices on Wednesday, with the benchmark BSE sensex crashing over 1,300 points.

The Times of India

People set to retire this year could lose £400 from final salary if inflation hits 10%

Experts warn pensioners could end up losing around £7,000 over their future lifetime.

Daily Record

The Fed gets serious about tighter money

In a meeting Wednesday, the central bank will begin a more aggressive campaign against inflation

Axios

One voting group holds key to midterms after abortion leak: Suburban women

WASHINGTON — Suburban women could now tip the balance in the midterm elections that will decide control of Congress after a leaked draft opinion indicated the Supreme Court was poised to overturn Roe v. Wade.

Tribune News Service

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Pay rises for finance workers are deepening inequality, IFS says

While most workers face a real terms cut in earings finance professionals’ pay is outstripping inflation, the IFS found

The Hindu

RBI surprises with 40 bps rate increase amid inflation ‘alarm’

RBI governor Shaktikanta Das says MPC of RBI met in an off-cycle meet and decided to increase policy rates to help curb rising inflation

The Times of India

EMIs set to rise as RBI hikes repo rate by 40 bps to 4.40%

NEW DELHI: In a surprise move, the Reserve Bank of India (RBI) on Wednesday hiked key repo rate by 40 basis points (bps) to 4.40 per cent amid rising inflationary pressures in the economy.

Dynamite News

Business: RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect

Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect. Read more on Dynamite News:

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

With deficit falling, Biden pivots to fiscal responsibility

President Joe Biden plans to highlight deficit reduction in remarks noting that the government will pay down the national debt this quarter for the first time in six years

Asharq Al-Awsat

Pandora Warns of Uncertainty in 2022 after Record Quarter

Jewellery maker Pandora warned on Wednesday that higher inflation and the Ukraine war posed increased uncertainty for its full-year earnings, despite reporting record first-quarter revenue and raising its sales outlook slightly. "We are very pleased with the strong start to the year delivering record revenue for a first quarter," Chief…

Wales Online

People set to borrow an extra £9bn on credit cards over next six months

Monthly debt repayments have jumped 9% in a year

Wales Online

Energy firms investigated over 'rip off' increases to customers' direct debit payments

Claims customers are paying more than they should do to ease firms cash flow problems

Wales Online

Shares in Wetherspoon drop as pub giant issues warnings

“As many hospitality companies have indicated, there is considerable pressure on costs, especially in respect of labour, food and energy. Repairs are also running at a higher rate than before the pandemic.”

Daily Mirror

Disabled gran lives by candlelight and eats just one meal a day due to soaring bills

Rita, a full-time carer from Kent, has removed all lightbulbs from her property and sets her alarm for 5am to make use of Economy 7 cheap off-peak electricity

Tribune News Service

Stuart Rothenberg: Inflation, recession and the 2022 midterms

With six months to go until the 2022 midterm elections, the economic indicators continue to deteriorate for Democrats. While unemployment remains low and the economy continues to grow (except for a recent hiccup that few take seriously), inflation is up dramatically, and interest rates are spiking.

1 … 920 921 922 923

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations