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.
Fed chair Jerome Powell opted for a cautious approach on rates.
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The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
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Understanding and finding ways to reduce our financial stress – and its emotional impact on us – can help make this challenging time a bit easier.
A demonstrator holds a placard reading “Macron, no no no no, 49,3 times no”, a reference to a French law that would allow the country’s president to pass pension reform without a vote in the National Assembly.
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While the scale of the strikes in both countries is historic, a scholar in employer relations notes the legislative conditions framing industrial action in the UK are much more restrictive.
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After decades of research revealing the long-term damage of fuel poverty, the problem is worse than ever.
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High rural poverty rates are driven largely by fuel and transport costs.
Paramedics and ambulance staff striking for better pay in January 2023.
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Concerns about the credibility of pay review bodies could boost collective bargaining on worker pay.
In December 2022, inflation (not comprising food and energy) reached 5.4%: a record in the Eurozone.
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What will happen to the euro zone’s rising prices in 2023? Here’s an overview of the factors which might influence inflation’s acceleration or deceleration.
Some pet owners are facing heartbreaking choices due to rising prices.
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Money-saving tips for people with pets.
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Before you rent out your home or car, make sure you are covered.
Nurses striking in the winter of 2022 and 2023.
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Originally from Richard III, the phrase was used by a power-hungry autocrat who preferred chaos over peace.
Many people are trying to tighten their belts right now.
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Mortgage rates – and repayments – have risen significantly since this time last year.
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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.
NHS workers would be subject to tough new strike laws being proposed by prime minister Rishi Sunak.
Alamy/Stephen Bell
The strikes (minimum service levels) bill making its way through parliament potentially means employers can block named workers from taking industrial action.
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.
Alvaro González | Alamy
COVID and the cost of living crisis are exacerbating the struggles informal carers face. Their labour deserves recognition.
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.
Financial worries stemming from austerity could span generations.
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Public spending cuts and the soaring cost of living will not only affect people lives now, but could trickle down through generations.
A banner is displayed to advertise diesel available at a filling station in Lagos, Nigeria.
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From the economic perspective, the year 2022 will be remembered, by many Nigerians, as a time of dashed hopes and disappointments.
By living a simple life that is fully contained in a vehicle, van dwellers are able to head out on a new adventure whenever they choose.
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For some people, the decision to live in a vehicle is a choice with the goal of being free and self-sufficient to live how and where they want.