ECB must keep rates at 4% in 2024 to get inflation down Rapid wage growth in the euro zone could keep inflation elevated longer and the European Central Bank should hold interest rates at or near record … Business • 08 Nov
JD Wetherspoon reports higher sales on easing costs British pub group JD Wetherspoon has today reported an increase in first-quarter sales, helped by easing costs and steady demand for its lower-than-average priced drinks … Business • 08 Nov
M&S beats expectations for first-half profit Marks & Spencer said it expects full-year profit to leap more than 30% after an overhaul of its food, fashion and supply chain helped the … Business • 08 Nov
Euro zone producers prices inch up in September Euro zone producer prices rose in line with expectations in September from a month earlier and plunged year-on-year due to a sharp drop in energy … Business • 07 Nov
Australia raises rates to curb stubborn inflation Australia's central bank has today raised the key interest rate to a near 12-year high to tame stubbornly high inflation. Business • 07 Nov
Traders bet ECB first big central bank to cut rates Financial markets are ramping up expectations for interest rate cuts from the European Central Bank, betting it will be the first major central bank to … Business • 03 Nov
Bank of England keep UK interest rates at 15-year high The Bank of England held interest rates at a 15-year peak today as it kept up its fight against the highest inflation among the world's … Business • 02 Nov
Norway keeps interest rates on hold, eyes December hike Norway's central bank kept its benchmark interest rate unchanged at 4.25% today, as widely expected, and said it would likely raise the cost of borrowing … Business • 02 Nov
ALDI will cut prices as conditions improve Retailer ALDI says it has seen notable changes in the habits of grocery shoppers, accelerated by record inflation levels. Business • 02 Nov
Fed leaves rates unchanged, says US economy is 'strong' The Federal Reserve held interest rates steady today but left the door open to a further increase in borrowing costs in a policy statement that … Business • 02 Nov
Inflation still top concern for households Inflation continues to be the top concern for households, new data from Bank of Ireland shows. Business • 01 Nov
Euro zone inflation, growth slow as ECB hikes weigh Euro zone inflation dropped to its lowest level in over two years in October, as energy prices fell and the high interest rates set by … Business • 31 Oct
ECB survey sees inflation back near target by 2025 Euro zone inflation will have almost fallen back to the European Central Bank's 2% target in 2025, but economic growth will remain weak and at … Business • 27 Oct
Inflation rate estimated to have slowed to 3.6% - CSO According to the latest "flash" estimate of inflation from the Central Statistics Office, the annual rate in October slowed to 3.6%. Business • 27 Oct
US economy grows at fastest rate in nearly two years The US economy heated up in the third quarter, government data showed today, as a resilient job market helped boost consumer spending, holding off the … Business • 26 Oct
ECB breaks record streak of hikes as economy weakens The European Central Bank left interest rates unchanged as expected today, snapping an unprecedented streak of ten consecutive rate hikes, and maintained its guidance which … Business • 26 Oct
Weak euro zone lending adds to recession fears Bank lending across the euro zone came to a near standstill last month, European Central Bank data showed today, providing further evidence that the 20-nation … Business • 25 Oct
Coca-Cola bets on steady demand, higher pricing Coca-Cola has today raised its annual sales and profit forecasts for a second time this year, riding on resilient demand from consumers for its sodas, … Business • 24 Oct
Five questions for the ECB this week The European Central Bank has good reasons to hold fire on Thursday after raising interest rates at its past ten meetings. Business • 23 Oct
US inflation is 'still too high', says Fed Chair Powell US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said yesterday, leaving the door open for a new interest … Business • 20 Oct
Annual wholesale electricity prices down over 60% - CSO Wholesale electricity prices have fallen by 61% in the 12 months to September, according to the latest figures from the Central Statistics Office. Business • 20 Oct
Japan's inflation rate slows to under 3% Japanese consumer inflation slowed to below 3% last month for the first time since August 2022 on the back of easing gas and electricity prices, … Business • 20 Oct
China's third quarter GDP growth slows to 4.9% China's economy grew at a faster-than-expected pace in the third quarter, while consumption and industrial activity in September also surprised on the upside, suggesting the … Business • 18 Oct
UK inflation rate holds at 6.7% in September British annual consumer price inflation was unchanged at 6.7% in September holding at August's 18-month low, official data showed today. Business • 18 Oct
Grocery price inflation falls to 5 month low - Kantar Grocery price inflation in the Irish market has fallen to a five month low, but prices are still going up steeply. Business • 16 Oct
