In this insightful episode of “News of the Week,” host Mike explores the significant effects of the latest ONS inflation figures on personal finance, specifically targeting mortgage rates and savings. Kai begins by discussing how the decrease in inflation is influencing mortgage rates, pointing out that this could lead to more affordable borrowing
Economic forecasting is a fascinating blend of art and science that involves predicting the future behaviour of various economic indicators, such as GDP, inflation, and unemployment rates. Businesses, policymakers, and investors rely on these forecasts to make informed decisions and anticipate changes in the market. In this article, we will explore the art
A recent Australia Institute report has shown that profiteering is the source of the country’s high inflation. This is in contrast to the Reserve Bank of Australia’s fearmongering claims that higher wages are the main threat to economic growth and security. The report highlights the need to control excess profits and artificially increased
Inflation rates are currently rising, reflecting the increasing cost of goods and services. PERO Studio / Shutterstock Supriya Kapoor, Trinity College Dublin Soaring prices have forced central banks in many developed countries to raise their interest rates in recent weeks. These organisations are in charge of attempts to rein in rising costs that
Energy prices are going through the roof. But for the first time, the Austrian government did not decide on anything at the energy summit. Many other European governments have already taken measures against inflation in the summer and are now extending them—relatively unattached to the ruling party’s colour. Whether Orbán in Hungary or
Seven months after the blockade, Michele Marquez received unwelcome news when he returned to work. While she was away, the prices of almost every product she used as a beautician soared. “Glove boxes have risen 200 percent. A 37-year-old woman from São Paulo emphasized how costs were rising while earnings were declining, with