
Fed has 'work to do' if price rises don't ease for Americans, Warsh says
Kevin Warsh remarks suggest interest rates could be increased if policymakers think inflation is running too high.
Growth, inflation, jobs and central banks.

Kevin Warsh remarks suggest interest rates could be increased if policymakers think inflation is running too high.
Statistics Jersey says the increase is "slightly lower" than the long-term annual average.

Experts have warned that he and Chancellor John Healey will have little room to manoeuvre in their first Budget.

Tips are central to US dining culture but some eateries think that they are unfair.

Lord O'Neill, former chief economist at Goldman Sachs, was tipped to become Andy Burnham's chief economic adviser.

The debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show.

Economists said there were ongoing concerns over the level of borrowing as national debt passed $40tn.

Has Great Britain underestimated its own power and influence in the world?

The US hit a debt milestone this week, but just how worried should we be about the world's largest economy?

A 2.9% rise in inflation had been widely expected by economists, with Chancellor John Healey saying the Iran war “continues to impact prices here at home”.

Rising living costs could heap pressure on PM Andy Burnham though it depends what happens in the coming months.

The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

UK inflation dropped slightly in June 2026, but higher energy costs are expected to push it back up.
