
Firmus Energy customers face price increase
Firmus Energy is increasing gas prices for its customers in the Ten Towns area by 8.98% and for Greater Belfast by 12.5%, effective in October.
Stories tagged “Inflation.”
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Firmus Energy is increasing gas prices for its customers in the Ten Towns area by 8.98% and for Greater Belfast by 12.5%, effective in October.
Yen surges on new intervention talk; oil prices climb
The Japanese yen rallied sharply against the dollar amid fresh speculation of intervention by Japan's central bank and expectations of a hawkish rate hike, while oil prices jumped due to new Iran strikes against U.S. targets in the Gulf region.
Global bond rout pauses for second day as Fed’s Waller sparks rate-hold hopes
Global sovereign bond markets experienced a temporary reprieve from a sell-off, with yields pulling back, after Federal Reserve Governor Christopher Waller hinted at a potential pause in interest rate hikes.

Rising fossil fuel prices, exacerbated by geopolitical conflict in Iran, are driving up fertilizer costs, which in turn increases food prices globally. Microbe-based alternatives are emerging but face limitations.

Switzerland's annual inflation rate unexpectedly surged to 0.8 percent in August, up from 0.4 percent in July, marking its highest level in two years. Despite the increase, the rate remains within the Swiss National Bank's target range for price stability.

UK mortgage rates are expected to increase following a global bond sell-off that has pushed up borrowing costs, despite a slight easing in bond yields at the start of trading.

New York Fed President John Williams attributes the recent surge in Treasury yields to a strong U.S. economy and robust economic outlook, rather than market dysfunction. He maintains a "wait-and-see" approach regarding the necessity of further interest rate hikes.

UK 10-year borrowing costs have reached their highest level since 2008 amid a global bond market sell-off, driven by US-Iran tensions escalating oil prices and inflation fears.
Sovereign debt plummets as inflation fears push yields to multi-year peaks
Global sovereign bond markets are experiencing a relentless selloff, driving borrowing costs to multi-year and multi-decade highs across major economies, fueled by geopolitical tensions, corporate AI debt issuance, and persistent central bank hawkishness.

Global bond markets are experiencing a sell-off, pushing long-term UK borrowing costs to a 28-year high, fueled by rising oil prices and inflation fears. Meanwhile, Shein shares tumbled after its Hong Kong debut.
Botswana: BOB Holds Inflation Outlook Above Target Range
Botswana's headline inflation eased to 9.4% in July 2026, down from 10.7% in June, but remains above the central bank's 3-6% target range.
Dollar ascendancy leaves rivals fragile as bond yields surge to multi-year peaks
The U.S. dollar strengthened to two-week highs as global bond yields surged, driven by expectations of further Federal Reserve rate hikes, leaving other major currencies vulnerable.
Global bond rout deepens as Middle East escalation and inflation shock push yields
A global bond market sell-off intensified, pushing sovereign borrowing costs to multi-year highs across Europe, Asia, and North America, driven by escalating Middle East conflict and persistent inflation fears.
Global bond yields hit new highs as oil prices rise and investors worry about inflation and interest rate hikes.

Bitcoin faces significant resistance below $86,000 as markets increasingly anticipate a Federal Reserve interest rate hike in September, driven by hawkish sentiment post-Jackson Hole and upcoming jobs data.

Twenty-three Scottish business organizations have written to First Minister John Swinney, urging him to abandon plans for a statutory cap on essential food prices, calling the proposal "ineffective."
German yields hit multi-year highs after Warsh’s hawkish tone
German government bond yields surged to multi-year highs, with the 10-year Bund reaching its highest since 2011, following hawkish remarks from Federal Reserve Chair Kevin Warsh on persistent inflation.

Federal Reserve Chair Kevin Warsh's hawkish speech at Jackson Hole has significantly increased market expectations for a September rate hike, causing gold to fall and Asian stocks to decline.

Bitcoin and Solana make progress in quantum defense, Solana validators reduce inflation, and Solana processed record 4.2 billion transactions in July.

Social Security COLA for 2027 may be lower than expected due to recent inflation data.

President Trump's claim that prices are dropping fast is contradicted by inflation data, raising concerns for the stock market.

Millions of households in Great Britain could save up to £173 annually by switching to a fixed energy tariff, mitigating the impact of upcoming price cap increases in October and a predicted rise in January.

Bitcoin's recent surge, fueled by over $3 billion in ETF inflows, slowed after Federal Reserve Chair Kevin Warsh indicated more work was needed to combat inflation, causing a 3% drop.

Odds of a September rate hike by the Federal Reserve have declined following Kevin Warsh's speech at the Jackson Hole symposium, with traders now seeing a 56% chance of a quarter-point hike.

Federal Reserve Chair Kevin Warsh is preparing for a crucial speech at the Jackson Hole conference, facing pressure to address persistent inflation and clarify the Fed's policy stance amid global economic shocks.
BOJ deputy chief calls for more rate hikes on inflation risks
Bank of Japan Deputy Governor Ryozo Himino advocated for continued interest rate hikes, citing inflation risks from a weaker yen, higher crude oil, and semiconductor prices, with markets widely anticipating a September rate increase.
Dollar muted near 1-wk high ahead of Warsh Jackson Hole speech
The U.S. dollar remained steady at a one-week high as investors awaited Federal Reserve Chair Kevin Warsh's speech at the Jackson Hole symposium for policy clues. Meanwhile, the Korean won and Australian dollar strengthened following local central bank actions and strong …

Kansas City Fed President Jeffrey Schmid discusses inflation and the Federal Open Market Committee (FOMC) rate policy in a CNBC interview.
Euro yields bounce off 2-week lows as Schnabel warnings dampen rally
Euro-zone government bond yields rebounded from two-week lows after hawkish comments from ECB's Isabel Schnabel and improved German consumer sentiment, prompting fixed-income desks to reduce duration exposure.
Canadian dollar weakens as trade tensions and U.S. inflation weigh
The Canadian dollar weakened against the U.S. dollar due to escalating trade tensions with the United States and persistent U.S. inflation data, which bolstered expectations for a Federal Reserve rate hike.