The BoE expects GDP to grow by 0.5 per cent this year, unchanged from its last forecast, but downgraded its outlook for 2024 from 0.5 per cent to 0 per…
Official figures on Wednesday showed a surprise fall in inflation in August, and brought to a halt the central bank’s most aggressive round of rate increases in decades…reports Asian Lite…
Inflation is due to fall from 7 per cent recorded in the March quarter this year to 3.25 per cent in 2023-24, before returning to the Reserve Bank of Australia…
Influential think tank the Institute for Fiscal Studies (IFS) warned higher rates would result in a drop of more than 20% in disposable income for 1.4 million mortgage holders…reports Asian…
