1+ hour, 29+ min ago  (732+ words) The US Senate has confirmed Kevin Warsh as the new Federal Reserve chairman to lead a central bank whose independence is under attack and with inflation at a three-year high. The Senate voted 54 to 45 in favour of Warsh, with Republicans…...

7+ hour, 37+ min ago  (490+ words) AIB's latest economic outlook is warning inflation could peak at the higher rate of 7% if the Strait of Hormuz blockade continues for the rest of the year. This compares to its base case forecast of 4%. The bank says Ireland's domestic…...

1+ day, 4+ hour ago  (219+ words) New figures from the Central Bank show that the weighted average interest rate on new Irish mortgages at the end of March rose slightly to 3. 52%, up from 3. 51% in February but down 24 basis points from the same month last year. Today's…...

1+ day, 9+ hour ago  (235+ words) Analysis: AI technology is moving faster than regulation and the power imbalance favours the employer, yet the coordinated use of rights can help workers push back From RT" Radio 1's Oliver Callan, Dex Hunter-Torricke on the good, the bad, the…...

2+ day, 2+ hour ago  (436+ words) US consumer prices rose at a brisk clip for a second month in a row in April, resulting in the largest annual increase in inflation in nearly three years and further bolstering expectations the Federal Reserve would keep interest rates…...

6+ day, 1+ hour ago  (559+ words) US employment rose more than expected in April, while the unemployment rate remained steady, government data showed, with the world's largest economy firming recent labour market gains but analysts warning of underlying weakness. "Total nonfarm payroll employment edged up by…...

1+ week, 6+ hour ago  (333+ words) Norway's central bank has today raised its policy interest rate by 25 basis points to 4. 25%, moving sooner than analysts in a Reuters poll had expected, to quell inflation pressure driven by strong wage growth and high energy costs. "Inflation is too…...

1+ week, 7+ hour ago  (180+ words) Sweden's central "bank kept its policy rate unchanged at 1. 75% as expected today and said the risk that the war in the Middle East will lead to higher inflation had increased somewhat. The Riksbank has been in wait-and-see mode since cutting…...

1+ week, 2+ day ago  (199+ words) Australia's central bank has today increased its key interest rate, citing soaring fuel prices that are stoking inflation. The Reserve Bank of Australia said it had lifted its cash rate 25 basis points to 4. 35%, pointing to economic pressure stemming from turmoil…...

2+ week, 6+ day ago  (530+ words) The European Central Bank will hold its deposit rate on April 30 but hike it in June, according to just over half of economists polled by Reuters, in a bid to prevent a war-fuelled energy shock from knocking the euro zone…...