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Articles on Cost of living crisis

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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.
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. Christophe Simon/AFP

Debate: The forward march of labour restarts with historic strikes in France and the UK

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.
In December 2022, inflation (not comprising food and energy) reached 5.4%: a record in the Eurozone. Pxhere, CC BY-SA

Inflation in the Eurozone: is it persisting or falling?

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.

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