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Guernsey inflation continues to slow, figures show
Matt Judge/BBC The inflation rate has decreased from the 8.5% peak in 2022 The annual rate of inflation in Guernsey has continued to slow, according to the latest figures. In the 12 months to December 2025, the Retail Price Index (RPI) – which shows the cost of living in Guernsey – was 3.4%, the States…
US interest rates held as Fed boss says no magic wand to tackle high prices
The Fed acknowledged that inflation remained “elevated”, which it said was in part due to rising energy prices, but said US economic activity was expanding at a “solid pace despite uncertainty caused by the conflict in the Middle East”. Warsh said he had wanted to and succeeded in having a “family fight” with his fellow…
Trump faces extraordinary moment in spat with Fed chair Powell
Faisal IslamEconomics editor Reuters It is extraordinary enough to see the world’s top central banker make an unscheduled video statement on social media. My first thought upon seeing the post from the Federal Reserve chair Jerome Powell was: “Is this an AI deepfake?” That sense did not go away as I listened to what were…
