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
Split ECB chose rate hike to show grit on inflation Divided European Central Bank policymakers opted for raising interest rates at their latest meeting to show resolve in the fight against inflation even though evidence … Business • 13 Oct
US consumer inflation holds steady in September Consumer inflation held steady in the US last month, according to government data released today, giving policymakers some reprieve in their battle to tamp down … Business • 12 Oct
Annual inflation rate up slightly to 6.4% in September The annual rate of inflation rose again in September to 6.4% compared to an annual rate of 6.3% in August, new figures from the Central … Business • 12 Oct
German economy to shrink in 2023, government says The German government has today slashed its growth forecast, predicting Europe's top economy will shrink this year as it battles high inflation, elevated energy prices … Business • 11 Oct
Consumers see inflation above ECB target for years Euro zone households see inflation staying slightly above the European Central Bank's 2% target for another three years, an ECB survey showed, as rate-setters struggle … Business • 11 Oct
IMF cuts growth forecast for China and euro area The International Monetary Fund has today cut its growth forecasts for China and the euro area and said overall global growth remained low and uneven … Business • 10 Oct
ECB's De Guindos sees inflation slowing down Inflation is expected to stay on its downward trend in the coming months, the European Central Bank's Vice-President Luis de Guindos said today. Business • 09 Oct
ECB's Schnabel can't rule out more hikes The European Central Bank may need to raise interest rates again if wages, profits or new supply snags boost inflation, ECB board member Isabel Schnabel … Business • 06 Oct
JD Wetherspoon sees return to profit on strong demand British pub group J D Wetherspoon said today that sales in the first nine weeks of its financial year rose nearly 10% on strong demand … Business • 06 Oct