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Articles on Cost of living crisis

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Minister of Finance Grant Robertson delivers his fifth Wellbeing Budget. Getty Images

For a no-frills New Zealand budget it was ‘surprisingly frilly’: 5 experts on Labour’s big pre-election calls

Incremental and pragmatic, New Zealand’s fifth Wellbeing Budget tries to balance cost-of-living support with huge long-term investment challenges – all without frightening the inflation horses.
Fed chair Jerome Powell opted for a cautious approach on rates. Alex Wong/Getty Images

Federal Reserve bows to bank-crisis fears with quarter-point rate hike, letting up a little in its fight against inflation

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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