consumer prices

More and more Aussies are lying on their home loan applications, as cost-of-living pressures continue to bite, according to one financial tech company.Fortiro works with big banks and lenders to detect fraudulent documents.Co-founder Sean…

The Australian sharemarket surged on Wednesday after fresh US inflation figures buoyed Wall St as traders’ fears of further rate hikes eased.The S&P/ASX 200 index climbed 99.2 points, or 1.4 per cent, to reach 7105.9, its highest level…

Consumer prices in India are showing further signs of moderation, giving the central bank room to keep rates on hold after an aggressive tightening campaign dampened demand and muddled the wider outlook for the economy. Inflation rose 4.76%…

People walk in front of a store along the Magnificent Mile shopping district on March 15, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesHousehold spending is expected to decrease significantly over the next year, according to a New…

Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington,…

The Reserve Bank is tipped to keep rates on hold for the second month in a row after inflation data last week came in below forecasts.Most economists and financial markets are predicting the official cash rate will stay at 3.6 per cent when…

Washington —  U.S. inflation likely slowed again last month in the latest sign that consumer price increases are becoming less of a burden on America's households. But Tuesday's report from the government may also suggest that further…

There are fears that the risk of Australia falling into recession has risen with early signs pointing to potential financial doom for the country as the strain of soaring inflation and cost of living pressures show no signs of easing.While…

Washington —  The U.S. economy cooled only slightly at the end of last year, advancing at an annualized 2.9% rate, the Department of Commerce reported Thursday, even as forecasters are suggesting a recession is possible later in 2023. The…

Wholesale electricity prices are forecast to drop “significantly” in the eastern states through 2023. New Treasury analysis reveals that the eastern states can expect a drop in wholesale prices of between 29 and 44 per cent. The largest…