The Irish Government’s cost of borrowing on the bond markets neared an eight-year high on Wednesday ahead of a highly anticipated meeting of the European Central Bank’s policy setting governing council.
With prices rising at the fastest rate in 40 years and household budgets coming under pressure, retailers are revamping loyalty programmes.
Inflation in America is far from dead – it is still running around four decade highs and no one knows where it will settle – but there are signs the pace at which it has been rising may now be moderating, bringing some relief to hard-pressed households.
