The Latest Breaking News on Economy

Labour market figure will be watched by economists as a guide to Reserve Bank’s decision on whether to further raise interest rates

The jobless rate grew to 3.5 per cent in August, lifting from the record low 3.4 per cent figure in July.

The U.S. economy has shown surprising resilience in the face of the fastest inflation and interest-rate hikes in a generation. That means the Federal Reserve will have to stomp even harder on demand.

An unexpected rise in US consumer prices sees global share markets take fright on worries about more aggressive interest rate rises by the US central bank. The Australian dollar plunges on a surging greenback.

Expected ‘sugar rush’ of tax cuts could knock growth off track by forcing up inflation and interest rates, economists warn

Figures indicate that real pay dropped by 3.9% in the three months to July, one of the largest falls since records began

Winter likely to be among the toughest in living memory as inflation fuels cost of living crisis

Kwasi Kwarteng demands annual 2.5 per cent rise, after Liz Truss blamed Treasury ‘orthodoxy’ for UK’s feeble economic record

Almost 400,000 have exited jobs market with long-term health problems since early 2020, ONS says