Post Inflation News Today

hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far the markets seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. and other stocks are up too. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add furt...

hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far things seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. e...

will be finding out what people make of the chancellors announcement. theres big changes to pensions to encourage people like doctors to stay in work butjeremy hunts plans prompt accusations his budget favours the rich. check before you travel. rail workers in the rmt union take part in another strike in their discpute over pay, jobs and working conditions. no miracle in madrid for liverpool as they lose their second leg against real and are knocked out of the champions league humbled ...

thats the message sent by the european central bank as it ploughs ahead with plans to raise rates, despite sluggish growth in the eurozone, and turmoil in the banking sector. the ecbs main interest rate was hiked by 50 basis points to 3.5% — as it tries to keep a lid on rising prices. but the language from policymakers has begun to strike a new note, dropping a reference, used in previous statements, to the need to raise rates significantly going forward. agnese ortolani is a europe ...

majority of workers, they have the most votes in this. if they get behind us, then this could get through. if other small unions dont recommend this, for example unite, that might not matter. at this stage its not clear whether all the unions are going to recommend this offer to their membership. my sense is that the unison, gmb unions will probably get behind this. but its a big question whether the membership are going to think that is good enough. there is a lot of anger out there. ...

At Jackson Hole, post-inflation challenges vex central bankers

Heres the reality for households from the governments official forecaster. this graph shows post—inflation disposable income. it was already predicted to fall sharply over two years. whilst it now falls less than predicted back in november, were still facing an historic drop in living standards. what weve thought for a long time is the economy is going to bump along the bottom, to use a phrase, at about zero for most of this year. thats broadly what the obr are saying. the important point to b...

Of living crisis. thats why we are going to force a vote on this in the house of commons on tuesday, and encourage conservative mps to vote for their constituents. heres the reality for households from the governments official forecaster. this graph shows post—inflation disposable income. it was already predicted to fall sharply over two years. whilst it now falls less than predicted back in november, were still facing an historic drop in living standards. what weve thought for a long time is ...

And encourage conservative mps to vote for their constituents. heres the reality for households from the governments official forecaster. this graph shows post—inflation disposable income. it was already predicted to fall sharply over two years. whilst it now falls less than predicted back in november, were still facing an historic drop in living standards. what weve thought for a long time is the economy is going to bump along the bottom, to use a phrase, at about zero for most of this year. ...