Counting the cost of rising prices.
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Different rates of inflation indicate high prices have become ‘embedded’ in these economies.
Price rises are slowing but inflation remains persistent.
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UK inflation has been stubbornly high and interest rate hikes have not yet brought it in line with other advanced economies.
Heading for the buffers? Bank of England Governor Andrew Bailey.
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UK bonds are again close to the levels that caused a pensions crisis in autumn 2022.
Budgeting for a rising cost of living.
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My research shows that UK price rises are likely to have been caused by high profits, falling wages and weak production over decades
Budgeting to buy a home.
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New mortgage products designed to help struggling first-time buyers hark back to the pre-2008 market and so should come with a warning.
Cheerleader in chief, Bank of England Governor Andrew Bailey.
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The bank has set hares running by forecasting actual growth of the UK economy in 2023, while most other forecasters are more downbeat.
The Bank of England, London.
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The Bank of England is factoring more than sky-high inflation into its base rate decisions right now.
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The UK retail bank business model has allowed banks to make significant profits as interest rates have risen over the past year.
Trying to maintain some stability.
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Central banks are reaching into their toolkits to shore up the global financial system.
Rising prices.
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Raising rates to fight inflation involves a time lag so current efforts to bring down prices won’t start having an impact until the next election is approaching.
Mortgage rates are set to stay high for some time.
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UK borrowers are expecting mortgage rates to fall again. Here’s why this looks unlikely in the current economic environment.
Decision time: Jerome Powell, chair of the Federal Reserve.
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The two central banks were due to raise rates aggressively, but then came the banking crisis.
Happy days.
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Central banks have been signalling that rate rises are going to get more aggressive again, but can the economy actually take it?
The Bank of England has new plans for a digital pound.
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The UK economy could benefit from a digital pound, but is there a role for crypto?
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While UK inflation could drop again in 2023, there is a lot of work to do to support the country’s economy.
Many countries are dealing with a rapidly rising cost of living.
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January 6, 2023
Alan Shipman , The Open University ; Aymen Smondel , Université Côte d’Azur ; Bhima Yudhistira Adhinegara , Center of Economic and Law Studies (CELIOS) ; John W. Diamond , Rice University ; Luis Garvía Vega , Universidad Pontificia Comillas ; Mohamad Hassan Shahrour , IAE Nice - Université Côte d'Azur ; Peter Martin , Crawford School of Public Policy, Australian National University , and Wayne Simpson , University of Manitoba
Price inflation has hit countries differently, but most central banks and governments are concerned about the rising cost of living in 2023.
This could get ugly.
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Central banks are raising interest rates to tame inflation, but 2023 will increasingly turn a technical decision into a political challenge.
Different accounts, different interest rates.
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Mortgage rates have rocketed in recent months, but what about the rate on your savings account?
Unbearable pressure: Fed Chair Jay Powell.
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Central bankers are set to slow down their rate hikes.
The Bank of England in Threadneedle Street, London is the Central bank of the United Kingdom.
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The Bank of England expects a long UK recession but believes interest rates may not need to increase much more.