Inflation | Business Post

Phillip Lane warns ECB will keep rates at ‘base case’ of at least 4% to tackle inflation

ECB chief economist said interest rates are at a level to have a significant impact on inflation, but warned it will take time for price growth to ease

Further Diageo price hikes to please shareholders may leave a bitter taste

A weak trading outlook, plus the underperformance of the drinks giant’s share price, means it is now under pressure to win back investor confidence

Eurozone inflation falls to lowest level in two years

The annual rate of inflation has declined sharply in September to 4.3 per cent

Energy and good prices push inflation up to 5%

Uptick from August indicates that the slowdown in inflation could be reversing

Diageo warns of ongoing cost inflation and challenging market conditions

Guinness-owner says it still expects to deliver high single-digit profit growth this year

Interest rates will remain at ‘elevated’ levels for as long as necessary, warns Lagarde

ECB President ruled out any cuts to borrowing costs in the short-term

The Big Interview

‘If the government started talking to us, we could save a lot of money for the state’ – Niall Byrne, NMB Architects

The specialised firm has more than 30 years’ experience designing industrial and commercial projects for pharmaceutical, medical device and high-tech clients

Tough pill to swallow as ECB and Fed look to keep rates high

Interest rates are set to remain ‘higher for longer’ as central banks keep their efforts on tackling price rises

Unexpected drop in British inflation rates raises chances of end to BoE rate hiking cycle

The data is a relief for the UK, which for months has had the worst inflation problem in the G7

Irish energy prices ‘out of line’ with Europe, Central Bank warns

Bank says high electricity costs contribute to uncertainty surrounding inflation

Central Bank forecasts ‘uneven’ road to lower inflation

Bank cautioned government against over-stimulating economy in October’s budget, warning curbing inflation will depend on containing domestic demand

Grocery inflation drops to lowest level in a year at 11.5%

Increased food prices drove sales across all major retailers

NYU economist urges ECB, BoE to keep hiking rates to counter ‘stagflation’ fears

Famously pessimistic Nouriel Roubini said any talk of easing monetary policy is premature in light of oil price increases

Risk of downturn as ECB sticks with increasing interest rates

In just over a year, the ECB has increased interest rates from minus 0.5 per cent to 4 per cent in a bid to deal with inflation and it has played down any prospects of a reversal of this policy

Government business support scheme flops with just €129 million claimed to date

Just €129 million worth of claims have been made under the Temporary Energy Support Scheme, which was given a budget of €1.3 billion

UK inflation rate could overshoot estimates, incoming deputy BoE governor warns

Breedon said that so-called second-round effects, where workers ask for higher wages because the cost of living is rising, and businesses price their products higher to offset their rising costs, are stronger than had been expected.

EU downgrades growth forecast, cites contracting German economy

The bloc’s biggest economy had been expected to grow this year, but now looks set to decline by 0.4 per cent

Rising mortgage costs drive Irish inflation to 6.3% in August

Figures suggest that progress on battling price increases may haves stalled

ECB chief economist signals inflation will fall in autumn

Philip Lane offered cautiously optimistic take on inflation

Ian Guider: Splashing cash to help mortgage holders is not enough – we need more bank competition

Budget measures to help those struggling with soaring interest rates will not last long enough to solve the deep structural issues in the housing sector